OKX joins crypto’s pre-IPO frenzy with OpenAI, SpaceX perpetual futures

Neutral-2.42%
6 May, 08:59
Source: CoinDesk

AI Summary

OKX expands its derivatives offerings with perpetual futures on private tech giants OpenAI and SpaceX, joining a growing trend of crypto exchanges providing retail exposure to pre-IPO valuations.

Crypto exchanges are increasingly competing to offer retail traders exposure to Silicon Valley’s most valuable private firms, despite the products conferring neither equity ownership nor shareholder rights.