OKX Launches OpenAI, Anthropic Pre-IPO Futures in Europe

OpenAI and Anthropic remain privately held, leaving most retail investors shut out of funding rounds and tightly controlled secondary markets. Crypto platforms are trying to bridge that gap with derivatives and tokenized securities; Binance’s bStocks reached about $118.5 million within two months, underscoring the demand. Pre-IPO perpetuals, however, are wagers on changing valuations rather than equity: holders receive no shares, voting rights or automatic allocation if the companies eventually list.

OKX said on Sept. 10, 2026, that it launched pre-IPO perpetual futures tied to OpenAI and Anthropic for eligible European traders, allowing long or short positions with leverage of as much as 10 times. The exchange also added 100 tokenized stocks and ETFs, including Nvidia, Alphabet, Palantir, SPY and QQQ, for round-the-clock trading. European volume in OKX’s X-Perps has quadrupled since the European Union’s Markets in Crypto-Assets transition period ended in July, according to the company.