KuCoin Introduces Perpetual Futures Tied to Tesla and Strategy stocks
KuCoin launched perpetual futures contracts for Tesla and Strategy stocks, allowing 24/7 trading with USDt settlement.Summary
KuCoin has introduced equity-linked perpetual derivatives, starting with TSLAUSDT and MSTRUSDT contracts, enabling traders to speculate on stock price movements using USDt-settled contracts that trade continuously. These contracts don't grant share ownership but offer synthetic exposure with a low entry threshold of 1 USDt. The pricing framework tracks equity benchmarks while accommodating the 24/7 crypto trading environment. This move follows a broader trend of fintechs and exchanges tokenizing stocks, with the tokenized equity market cap reaching $1.03 billion in early 2025, up from $291 million in January 2025. Other exchanges like Robinhood, Kraken, and even traditional exchanges like NYSE and Nasdaq are also actively exploring tokenization and 24/7 trading of tokenized equities.
(Source：Cointelegraph)