[Watcher Guru] JUST IN: CFTC approves perpetual futures trading on individual US stocks fo...

The CFTC has approved perpetual futures trading on individual U.S. stocks for the first time, opening the derivatives structure long dominant in crypto to single-name equities. The approval marks a regulatory first for the U.S., where perps had previously been confined largely to crypto venues and offshore platforms. It matters because perpetual contracts, which have no expiry and rely on funding-rate mechanics, could bring round-the-clock, leveraged exposure to individual stocks and blur the line between crypto and traditional equity derivatives. Specific contract terms, launch venues and initial tickers were not detailed in the announcement. What to watch next: which exchanges list the products first, how funding rates are structured, and whether volumes draw liquidity away from standard equity futures and options.