SEC clears OG.com for US single-stock futures, Crypto.com CEO says
OG.com says it can list single-stock futures in the US
Crypto.com co-founder and CEO Kris Marszalek said on Thursday that OG.com, a sister futures exchange of Crypto.com, has been authorized by the US Securities and Exchange Commission (SEC) to offer single-stock futures in the United States.
Marszalek announced the approval in a post on X. According to the report, the SEC acknowledged OG.com's 1-N filing, which clears the platform to list these products for US users.
Single-stock futures are contracts tied to the price of one company's shares. Perpetual futures, which Marszalek called "single-stock perps," are futures contracts that do not have a fixed expiry date.
The filing behind the approval
OG.com's legal entity, North American Derivatives Exchange, filed Form 1-N with the SEC on Monday to register as a national securities exchange for trading futures products, according to the report.
Marszalek said the company is working with the SEC and the Commodity Futures Trading Commission (CFTC) to offer single-stock perpetual futures that combine the "innovations of the digital asset markets with the US capital markets."
Key details
- The authorization was announced by Crypto.com CEO Kris Marszalek in a Thursday post on X.
- The SEC acknowledged OG.com's 1-N filing, which allows it to list single-stock futures in the US.
- The 1-N form was filed by North American Derivatives Exchange on Monday to register as a national securities exchange for futures products.
- Marszalek said the company is working with both the SEC and the CFTC on the products.
Kraken and Coinbase moves into stock trading
Other crypto platforms have also pushed into equities products. In September, Kraken reportedly partnered with the London Stock Exchange to launch tokenized UK stocks with 24/5 availability on the operator's night-time trading venue, starting in 2027.
In March, Coinbase launched stock perpetual futures for traders outside the US, after opening access to regulated crypto futures and 24/5 cash equities in the US in February.
What is confirmed
- North American Derivatives Exchange, OG.com's legal entity, filed Form 1-N with the SEC on Monday.
- The SEC acknowledged the filing, according to the report.
- Marszalek publicly announced the approval on Thursday.
What is not yet clear
The approval is reported through Marszalek's announcement and coverage of the filing. The supplied material does not include a separate SEC statement confirming the details. It also does not say when trading would begin, which single stocks would be covered, or how the products would work for US customers.
Why this matters for crypto platforms
The move is another example of a crypto company offering products linked to traditional financial markets, where shares of companies are bought and sold. It follows similar steps by Kraken and Coinbase, which the report describes as efforts to connect traditional finance with digital assets.