Coinbase files with SEC to bring leveraged stock bets to US

The push is part of a broader effort to bring the crypto trading playbook onshore just as digital-asset venues are expanding beyond crypto itself.

September 04, 2026 / 07:53 IST

Coinbase Global Inc. is taking the first regulatory step toward letting US investors make leveraged, round-the-clock bets on stocks without owning them, seeking to bring one of crypto’s most popular forms of trading onshore.

The push is part of a broader effort to bring the crypto trading playbook onshore just as digital-asset venues are expanding beyond crypto itself. Kalshi Inc. won CFTC approval for Bitcoin perpetual futures and is filing for similar contracts tied to equity indexes and other traditional markets. The next step is potentially much bigger: giving US retail traders regulated access to the sort of stock-linked contracts that have helped turn offshore venues such as Hyperliquid into some of the biggest winners of the latest speculative trading boom.

Coinbase filed with the Securities and Exchange Commission this week to offer single-stock perpetual futures, the firm said in a post on X on Thursday. The company will now work with the Commodity Futures Trading Commission on approvals of the product, which it hopes to bring to the US market this year. Coinbase started offering single-stock perps to international customers earlier this year.