Single Stock Futures Greenlight In The US 🦇
CEO Kris Marszalek just spilled that the squad is fully authorized to roll these out via OG.com, their CFTC approved prediction market spot that dropped back in February. They are grinding with the SEC and CFTC on the whole US rollout. These contracts tie straight to single stock prices so traders can bet on moves without grabbing the actual shares. The SEC filing from September 16 locked in under the 1934 Act rules.More Platforms Chasing The Same DeFi Dream 💀
Crypto.com is not flying solo here tho, Kalshi is pushing for similar perpetual futures approval and eyeing like 60 contracts on big names such as Tesla, Apple and Nvidia with a 100 billion market cap filter. Coinbase also jumped in with their own SEC filings for domestic single stock perps while chatting up both regulators. This whole scene screams newer platforms crashing the traditional finance party.Robinhood Tie Up Fuels Prediction Market Hype 🌙
This news hits right after Robinhood expanded their collab with Crypto.com and OG.com, routing football contracts over starting September 8. As part of the deal Robinhood grabs equity in both at a valuation matching that Citadel $20 billion round. Prediction markets are popping off and this crew is riding the wave.Just another echo from the void by iconofsin.eth 💖
Maybe you like what i'm doing here and wanna support me via the ethereum blockchain: iconofsin.eth 💖
