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OKX Plans Perpetual Futures Tied to OpenAI, SpaceX and Anthropic

The plan signals a push to bring pre-IPO bets on-chain despite unresolved legal questions.

Overview

  • OKX, which disclosed the plan Wednesday in a blog post, said it will list perpetual futures referencing OpenAI, SpaceX and Anthropic.
  • The contracts track secondary-market valuations and settle without delivering shares, so traders post collateral and manage margin without gaining voting rights or dividends.
  • The exchange did not set a launch date and said it will share more operational and compliance details as development continues.
  • Rivals have moved first, with Bitget launching a SpaceX-linked token in April via Republic and Injective offering pre-IPO futures last year to tap a roughly $13 trillion private market.
  • Issuers have pushed back on related products, as OpenAI said Robinhood’s SPV-backed tokens were unaffiliated and warned any transfer of company equity would require its approval.