OG.com Cleared by SEC to Offer Single-Stock Futures, Says Crypto.com CEO
OG.com, a sister futures exchange of Crypto.com, has received authorization from the U.S. Securities and Exchange Commission (SEC) to offer single-stock futures in the United States. Kris Marszalek, co-founder and CEO of Crypto.com, announced via a Thursday X (Twitter) post that the regulatory nod paves the way for listing single-stock futures products. This clearance marks a significant regulatory milestone to expand the platform’s offering within the US market.
SEC Approval and OG.com Registration
OG.com's legal entity, North American Derivatives Exchange, filed Form 1-N with the SEC on a Monday to register as a national securities exchange for futures trading products. The SEC acknowledged this filing, enabling OG.com to offer single-stock futures within the United States.
Kris Marszalek highlighted ongoing collaboration with the SEC and the Commodity Futures Trading Commission (CFTC) to develop single-stock perpetual contracts that merge innovations from digital asset markets with US capital markets.
Industry Context and Significance
This regulatory acknowledgment clears a major barrier, positioning OG.com to broaden its derivatives offerings involving stocks for US users. Marszalek emphasized that the product aims to combine the innovations inherent in digital asset markets with established US capital markets.
Other crypto entities have also moved to integrate equity-linked products. In September, Kraken announced a partnership with the London Stock Exchange to launch tokenized UK stocks available 24/5 on the exchange’s nighttime trading segment starting in 2027.
Moreover, in March, Coinbase debuted stock perpetual futures for non-US traders after launching regulated crypto futures and 24/5 cash equities trading within the US market in February.
Why it matters
The SEC's approval for OG.com marks a pivotal moment by legally enabling the platform to offer single-stock futures within the United States, effectively bridging traditional financial markets with crypto innovations. It reflects regulators’ increasing openness to integrating derivatives in the crypto space, thereby expanding opportunities for American traders interested in novel financial products. Additionally, this decision may accelerate innovation adoption and heighten competition among exchanges, fostering growth in the US derivative and digital asset markets.
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