US Market: Coinbase seeks US nod to bring equity perpetuals to investors

Coinbase has filed registration documents with the U.S. Securities and Exchange Commission to launch equity perpetuals, expanding the cryptocurrency exchange’s push into derivatives and potentially bringing the product to U.S. investors, Reuters reported.

Coinbase Chief Policy Officer Faryar Shirzad disclosed the filing in a social media post on Thursday, according to Reuters. The product will next require approval from the U.S. Commodity Futures Trading Commission before it can be offered in the country.