OKX joins crypto’s pre-IPO frenzy with OpenAI, SpaceX perpetual futures
CoinDesk
OKX is launching perpetual futures linked to private tech firms, offering synthetic price exposure to companies like OpenAI and SpaceX.Summary
OKX has announced the launch of perpetual futures tied to high-profile private companies, including OpenAI, SpaceX, and Anthropic. These derivative products allow traders to gain synthetic price exposure to these companies before they go public, though they do not provide actual equity ownership or shareholder rights. This move intensifies competition among crypto exchanges, such as Injective and Bitget, to bring private equity markets on-chain as platforms seek to expand beyond traditional cryptocurrency trading into equities and real-world assets.
(Source：CoinDesk)