[NYSE Arca Submits Application to U.S. SEC to Launch Binary KPI Options, Covering Financial Metrics of Companies Like Coinbase] Odaily Planet Daily reports that NYSE Arca has submitted a rule amendment application to the U.S. SEC, proposing the launch of binary KPI options. This product is based on key performance indicators (KPIs) from corporate financial reports and adopts an all-or-nothing binary cash settlement method. The initial batch includes 23 companies, such as Coinbase, with metrics like trading revenue, trading volume, and subscription revenue, as well as Marathon Digital Holdings, with metrics like Bitcoin production, holdings, and hash rate. This product allows investors to trade on individual financial report metrics, with a mechanism somewhat similar to prediction markets.