Crypto.com Spinoff Seeks CFTC Approval for Single-Stock Futures

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OG.com, a new entity spun out of Crypto.com, has applied to the U.S. Commodity Futures Trading Commission (CFTC) to offer single-stock perpetual futures. This action is part of a trend among digital asset exchanges seeking to introduce traditional financial instruments.

Key facts

• OG.com has applied to the CFTC for approval to list single-stock perpetual futures contracts.
• The company was recently separated from Crypto.com.
• OG.com aims to offer derivative products based on individual U.S. equities.
• This move aligns OG.com with other platforms that have sought similar CFTC authorization.
• The development reflects a trend of digital asset exchanges expanding into traditional financial instruments.