OG.com Receives SEC Approval for Single-Stock Futures
- OG.com has been authorized by the US Securities and Exchange Commission (SEC) to offer single-stock futures.
- Kris Marszalek, CEO of Crypto.com, announced the approval via a post on X.
- The SEC acknowledged OG.com’s Form 1-N filing, allowing it to operate as a national securities exchange.
- The North American Derivatives Exchange is the legal entity behind OG.com’s operations.
- Other crypto platforms like Kraken and Coinbase are also expanding into equities products.
This regulatory approval marks a significant step for OG.com in integrating digital asset innovations with traditional capital markets in the US. The collaboration with both the SEC and the Commodity Futures Trading Commission (CFTC) signifies a growing acceptance of cryptocurrency-related financial products.
With this SEC approval, OG.com can now list single-stock futures, enhancing its offerings alongside other platforms like Kraken and Coinbase that are venturing into equities products.(Source)
