Coinbase Seeks CFTC Nod for 24/5 Perpetuals on Apple, Tesla, Nvidia Stock

Coinbase Derivatives filed with the Commodity Futures Trading Commission on Friday to list single-stock perpetual futures for the US market, according to two independent reports. The proposed contracts would give US traders 24/5 leveraged exposure to individual equities, including Apple, Tesla and Nvidia, without holding the underlying shares. Approval is still pending.

What Two Sources Confirm

Decrypt and Cointelegraph both name Apple, Tesla and Nvidia as underlying stocks in Coinbase’s CFTC filing, and both describe the same contract mechanics: perpetual futures with no expiration date, distinguishing them from the standard single-stock futures the CFTC already regulates. That structural detail matters because it is the closest crypto-native product design, the kind Coinbase already runs for Bitcoin and other digital assets, applied to listed equities.

Both outlets also agree the filing runs through Coinbase Derivatives, the CFTC-registered entity Coinbase uses for its existing US perpetual futures market on crypto assets. The company frames the equity product as an extension of that same infrastructure rather than a separate business line.

The 50-60 Stock Figure Traces to One Source

Cointelegraph reports, citing the Wall Street Journal, that Coinbase intends to initially offer perpetuals on roughly 50 to 60 stocks, adding Microsoft to the Apple-Tesla-Nvidia trio confirmed elsewhere. That count did not appear independently in Decrypt’s coverage. It should be read as a single-sourced figure passed through one outlet rather than a confirmed product roadmap.

A second detail sits in the same category. Cointelegraph reported that Coinbase Derivatives filed a Form 1-N with the Securities and Exchange Commission on September 1, seeking registration as a national securities exchange for security futures. Decrypt’s account does not mention this filing, so it stands as an unconfirmed procedural claim pending a second outlet reporting the same document.

Cointelegraph additionally notes that Coinbase already runs stock perpetual futures outside the United States, having launched contracts tracking major US stocks and indexes, including Apple and Nvidia, in March. That version has reportedly been unavailable to US persons while the company works to widen its footprint. This detail also rests on one report and has not been cross-checked against a second independent account.

A Filing Is Not an Approval

The CFTC classifies the proposed instruments as single-stock futures, and the filing is a request for regulatory sign-off, not a launch date. No timeline for a decision has been reported by either outlet, and none should be assumed from the filing itself.

For traders and desks tracking this story, the useful split is simple: the core claim, that Coinbase asked the CFTC to approve 24/5 perpetual futures on Apple, Tesla and Nvidia stock through Coinbase Derivatives, rests on two independent sources. The stock count, the SEC exchange-registration filing, and the March international rollout each rest on one. Until a second outlet corroborates those three, they belong in a separate column from the confirmed core of the story.

Sources

• decrypt.co
• cointelegraph.com