The perpetual futures will allow traders to speculate on private company valuations through derivatives that settle without delivering actual shares, according to the announcement.
The contracts track reference prices linked to secondary market activity, but grant no equity ownership or traditional shareholder benefits like voting rights or dividends. No timeline was announced for OKX’s offering.
The initial target companies span the tech sector's most valuable private firms. ChatGPT maker OpenAI and Claude developer Anthropic are the two biggest privately held giants leading the AI industry, while Elon Musk’s space exploration company SpaceX is gearing up for an impending IPO—and the firm recently merged with Musk’s own AI startup, xAI.
AngelList's USVC Gives Investors Exposure to OpenAI, Anthropic and xAI—Starting at $500
