Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
<a href="https://www.google.com/preferences/source?q=finance.biggo.com” rel=”nofollow noopener” target=”_blank”>Add preferred source
Crypto.com-affiliated exchange Nadex has received SEC acknowledgment of its Form 1-N filing, completing the dual-agency regulatory requirements needed to offer single-stock futures in the United States. CEO Kris Marszalek confirmed the company is now authorized to bring the products to market through OG.com, its CFTC-regulated trading platform. The development builds on a licensing stack assembled since Foris DAX Markets acquired Nadex in 2022, including FCM, DCM, and DCO authorizations. Coinbase and Kalshi are pursuing similar products, reflecting a broader push by crypto-native platforms into traditional equity derivatives. No launch date, contract specifications, or eligible stock list has been disclosed.
Key Elements
North American Derivatives Exchange, the CFTC-regulated venue controlled by Crypto.com, has secured the final regulatory piece needed to bring single-stock futures to American traders. The Securities and Exchange Commission on September 16 acknowledged a Form 1-N filing from Nadex, a step that places the platform among the first crypto-native operators authorized to offer equity-linked derivatives in the world’s largest capital market.
The filing, submitted under Section 6(g) of the Securities Exchange Act of 1934, covers security futures products — instruments that sit at the intersection of securities and derivatives regulation. Because the underlying asset is a stock but the product itself is a futures contract, both the SEC and the Commodity Futures Trading Commission share oversight authority. Nadex has long held the CFTC side of that equation as a designated contract market and derivatives clearing organization; the SEC acknowledgment completes the dual-agency requirement.
Kris Marszalek, chief executive of Crypto.com, confirmed the milestone in a social media post, saying the company is now “authorized” to bring single-stock futures to the US market through OG.com, the standalone prediction market and trading platform spun out of Crypto.com in February. He added that the firm is working with both the SEC and CFTC as it pursues perpetual futures tied to individual equities.
A licensing stack built over years
The regulatory architecture behind this development traces back to March 2022, when Foris DAX Markets — a Crypto.com affiliate — acquired Nadex. A September 30, 2025 order amendment to the exchange’s DCM license expanded its scope to permit margined derivatives cleared through registered futures commission merchants, covering cryptocurrencies and other asset classes. That amendment laid the structural groundwork for equity-linked products by giving Crypto.com’s derivatives arm the ability to operate a regulated US exchange with in-house clearing capability.
Crypto.com | Derivatives North America, the entity that emerged from that process, holds a full stack of CFTC licenses: a futures commission merchant registration, the amended DCM designation, and a derivatives clearing organization authorization. The vertical integration means the platform can custody margin, clear trades, and operate the exchange without relying on third-party infrastructure — a capability most crypto exchanges lack.
Single-stock futures allow traders to take directional exposure to individual company shares without buying the underlying equity. A long position profits when the stock rises; a short position profits when it falls. Because margin requirements let traders control a larger notional position with a smaller capital outlay, both gains and losses are amplified. Liquidation risk is a structural feature: if a position moves against the trader and margin falls below the maintenance threshold, the exchange closes the position automatically.
Crypto.com is not alone in pursuing this product category. Coinbase has filed its own notice registrations with the SEC this month, signaling its intent to offer single-stock perpetual futures domestically. The company has said it is coordinating with both regulatory agencies as it works toward a US launch.
Prediction market operator Kalshi is also seeking approval The firm reportedly plans to offer roughly 60 perpetual contracts tied to major stocks and exchange-traded funds, including Tesla, Apple, and Nvidia, targeting companies with market capitalizations of at least $100 billion
The broader push reflects an effort by newer, digitally native platforms to expand into territory long dominated by traditional financial institutions. Single-stock futures are not widely available through mainstream US brokers, creating an opening for venues that already serve active derivatives traders.
No launch date, contract specifications, margin rates, eligible tickers, or fee schedules have been disclosed. Eligibility restrictions for retail participants are common in listed derivatives, and traders will need to wait for official product documentation before assessing the economics or accessibility of the offering.
Robinhood’s expanding partnership with Crypto.com and OG.com adds another dimension to the competitive picture. The companies announced this month that Robinhood will begin routing some football event contracts to OG.com starting September 8, with Robinhood taking equity stakes in both entities. Those stakes will be priced in line with Citadel Securities’ recent investment in Crypto.com Group at a $20 billion valuation.
For Crypto.com, the regulatory clearance arrives as the broader crypto derivatives market continues to mature. The exchange’s native token, CRO, and US derivatives volumes could draw attention if an official launch announcement materializes. Key milestones to watch include an official product page, SEC notice-registration confirmation, and eligibility disclosures before the product goes live.
Once added, BigGo Finance appears first in Google Search Top Stories, so you get the broadest, most up-to-the-minute, and most comprehensive global financial news first.
Source: finance.biggo.com