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. OKX plans to launch perpetual futures tied to private companies such as OpenAI, SpaceX and Anthropic, offering synthetic price exposure ahead of potential IPOs. The products mirror a broader push by crypto platforms like Bitget and Injective to bring pre-IPO and private equity-style speculat…
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