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

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OKX is set to launch perpetual futures linked to private companies like OpenAI, SpaceX, and Anthropic, providing synthetic price exposure ahead of potential IPOs. This initiative reflects a trend among crypto platforms, such as Bitget and Injective, to facilitate pre-IPO speculation on-chain without granting shareholder rights. The move signifies a shift by exchanges to diversify beyond traditional cryptocurrencies into equities and real-world assets, reminiscent of previous ventures like Robinhood’s OpenAI-related tokens, which faced public backlash.
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