Coinbase Derivatives has filed with the Commodity Futures Trading Commission to offer single-stock perpetual futures in the United States, extending a derivatives format used in crypto markets to individual equities. The proposed contracts would trade 24 hours a day, five days a week, have no expiration dates and provide leveraged exposure without conveying ownership, voting rights or dividends. The CFTC lists the September 18 filing as awaiting approval. The Wall Street Journal reported that Coinbase expects an initial lineup of about 50 to 60 U.S. equities, including Apple, Microsoft, Tesla and Nvidia. Coinbase shares rose 11.66% to close at $194.25 on Friday, while Bitcoin gained nearly 6% to about $80,882. The filing follows Coinbase's March launch of stock perpetuals for eligible customers outside the United States and a September 1 Form 1-N submission to the Securities and Exchange Commission related to registration as a national securities exchange for security futures. The proposal remains unavailable to U.S. traders pending regulatory authorization and adds to broader efforts to develop stock-linked derivatives for American markets.