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OG.com got the green light. The US Securities and Exchange Commission approved the platform’s Form 1-N filing, clearing the way for OG.com to list single-stock futures domestically — a move confirmed by Kris Marszalek, co-founder and CEO of Crypto.com, in a public announcement.
The Form 1-N is basically the gateway to becoming a registered national securities exchange in the US. It’s not a trivial step. OG.com’s legal entity, North American Derivatives Exchange, submitted the filing earlier this week, and the SEC’s acknowledgment of it means the platform can now move forward with listing these products in the American market. Marszalek was clear about the broader ambition here: OG.com wants to merge digital asset innovation with US capital markets, and it’s been working closely with both the SEC and the Commodity Futures Trading Commission to get there. Two regulators, one goal. That kind of dual-agency coordination is pretty much the price of entry if you’re a crypto-native firm trying to play in traditional finance territory.
Not a small deal.
What the SEC Filing Actually Means
Single-stock futures sit in an odd regulatory space. They’re derivatives tied to individual company shares, and they’ve historically been overseen by both the SEC and the CFTC under a joint framework — which is exactly why Marszalek flagged both agencies in his announcement. For OG.com, getting the Form 1-N acknowledged doesn’t mean the work is done. Further steps with the SEC and CFTC are still ahead before the platform can actually launch these products to US customers. The regulatory path is cleared, but it’s not finished.
What’s notable is the speed. The filing went in earlier this week and the SEC acknowledgment came fast. Whether that pace continues through the remaining regulatory steps is unclear. No timeline has been given publicly, and the source didn’t specify when OG.com expects to actually go live with the futures in the US.
Still, the structural groundwork is there now. And that matters.
Coinbase and Kraken Already Moving
OG.com isn’t alone in this push. Crypto exchanges have been charging toward traditional financial products for months, and the competitive pressure is real.
Coinbase got there first, at least on some fronts. Back in February, Coinbase launched regulated crypto futures and 24/5 cash equities trading in the US. Then in March, it rolled out stock perpetual futures for non-US clients. That’s a fast product cadence, and it set a benchmark for what’s possible when a crypto platform builds the regulatory relationships needed to operate in both worlds.
Kraken is moving too, though on a different track. The exchange is set to launch tokenized UK stocks in partnership with the London Stock Exchange, targeting 24/5 trading availability. No US launch date for that product has been named, and the source pegged the availability as starting in 2027 — so that one’s further out.
OG.com’s approach seems more directly US-focused, at least based on what Marszalek put out. The Form 1-N path is specifically about becoming a registered US national securities exchange. That’s a different regulatory category than what Coinbase or Kraken are pursuing with their respective products, and it probably carries a heavier compliance burden — but also, potentially, a broader scope for what OG.com can eventually offer.
The broader pattern here is hard to miss. Crypto platforms are done being crypto-only. They want equities. They want futures. They want the kind of investor who still thinks of Bitcoin as too volatile but might trade a stock future on a familiar platform. That’s the audience these firms are chasing, and the regulatory effort they’re putting in makes sense when you frame it that way.
It’s also worth noting that none of this happens without regulators playing ball. The SEC and CFTC have historically been slow to embrace crypto-adjacent financial products, and the fact that OG.com’s Form 1-N moved quickly is probably a sign that the regulatory climate has shifted. Not dramatically, but enough. Compliance-first platforms seem to be getting more runway than they did a few years back.
OG.com still has steps to clear. But the Form 1-N acknowledgment is the kind of milestone that doesn’t get walked back — the SEC doesn’t un-acknowledge a filing. North American Derivatives Exchange now has a formal foothold in the US regulatory structure, and that’s what Marszalek confirmed this week.
Frequently Asked Questions
What did the SEC approve for OG.com?
The SEC acknowledged OG.com’s Form 1-N filing, submitted through its legal entity North American Derivatives Exchange, clearing the platform to pursue registration as a national securities exchange and offer single-stock futures in the US.
Who confirmed OG.com’s SEC clearance?
Kris Marszalek, co-founder and CEO of Crypto.com, confirmed the SEC’s acknowledgment of OG.com’s Form 1-N in a public announcement, also noting ongoing coordination with the CFTC.
Why It Matters
The approval of OG.com's Form 1-N by the SEC marks a significant development in the evolution of regulated crypto derivatives in the US, potentially enhancing market accessibility for investors seeking exposure to single-stock futures. This move could pave the way for increased legitimacy and institutional interest in the crypto space, as platforms like OG.com seek to integrate traditional financial products with digital assets. As regulatory frameworks continue to evolve, this approval may also influence other crypto exchanges to pursue similar paths toward compliance and innovation.
