According to CoinMeta, Coinbase submitted two SEC registration notices on September 1st, planning to launch single-stock perpetual contracts in the United States through its regulated derivatives exchanges and brokerage services. Coinbase stated that it is working with the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to bring more financial products to the U.S. market. The company has not yet announced when trading will begin, nor has it determined which listed companies will serve as the underlying assets. Under SEC regulations, Form 1-N allows exchanges regulated by CFTC to register with SEC for trading securities and futures products. Coinbase Derivatives has been operating as a contract market designated by CFTC since 2020.