Crypto exchange OKX announced on September 10 that it has begun offering "Pre-IPO X-Perps," derivatives linked to the valuation fluctuations of OpenAI and Anthropic, in the European market.

This product is a derivative linked to changes in corporate valuation and does not involve the acquisition of actual shares of the target companies. Investors can trade both long (buying) and short (selling) positions with up to 10x leverage, but no actual shares, voting rights, or rights to acquire future shares are granted.

In addition to this, OKX has also started offering tokenized stocks for 100 markets in Europe, including shares of SpaceX, Alphabet, and NVIDIA, as well as SPY and QQQ. These are linked to the price of the underlying assets but do not provide actual shares or voting rights.

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