OKX launches pre-IPO markets for OpenAI, Anthropic, and 100 tokenized stocks

OKX just gave European traders something Wall Street has gatekept for decades: a way to bet on the biggest private tech companies before they go public. The exchange’s European arm rolled out Pre-IPO X-Perps for OpenAI and Anthropic on September 10, alongside 100 tokenized stocks covering names like SpaceX, Google, NVIDIA, and Palantir. The products are offered through OKX Europe Markets Limited, which operates under the Malta Financial Services Authority. What’s actually on offer Pre-IPO X-Perps are perpetual futures contracts that let traders take positions on the implied valuations of private companies. Think of them as a way to express a view on whether OpenAI is worth its reported $852 billion valuation, or whether Anthropic deserves the $965 billion price tag its recent fundraising implied, without needing to be an accredited investor or have a Goldman Sachs relationship manager on speed dial. Traders can use up to 10x leverage on these contracts. That’s a notable step up from the 0.01-5x range OKX offered when it first launched similar products for SpaceX, OpenAI, and Anthropic back in May 2026. The 100 tokenized stocks round out the offering. These are synthetic instruments...