OKX joins crypto’s pre-IPO frenzy with OpenAI, SpaceX perpetual futures
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.
The introduction of perpetual futures for high-profile companies like OpenAI and SpaceX may attract retail traders, potentially leading to increased trading volume and price volatility in the crypto market. This could result in a short-term bullish sentiment as interest in crypto products tied to major firms grows.
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.
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