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US SEC Approves Cboe Listing of Binary Options Linked to KPIs of Coinbase, MARA and Other Companies

Source: x.com
According to Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) has approved Cboe to list binary options tied to key performance indicators (KPIs) of publicly traded companies, with underlying targets including Coinbase, Robinhood, and MARA among others. The options contracts allow traders to take "yes/no" positions on specific metrics, such as Coinbase's trading volume, Marathon's BTC production, and Robinhood's user count and revenue data, among others. Robinhood is expected to become the first retail broker to offer such options.

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