Cryptocurrency exchange OKX is expanding its European offering with new products that let traders speculate on the valuations of privately held artificial intelligence firms, including OpenAI and Anthropic, according to reports. The move comes as demand for pre-IPO trading continues to climb across the industry.
Betting on Private Companies
OKX is rolling out instruments that allow European users to take positions on the valuations of some of the world's most closely watched private technology companies. Rather than waiting for these firms to go public, traders can now gain exposure to their perceived worth through the exchange's platform.
The offering includes up to 10x leverage on these private-company valuation products, giving traders the ability to amplify their positions considerably. AI heavyweights OpenAI and Anthropic sit at the center of the new lineup, reflecting the intense market interest in the sector.
Traders in Europe can now wager on the fortunes of AI giants long before those companies ever ring the opening bell.
Tokenized Stocks Join the Mix
Alongside the pre-IPO bets, OKX is also introducing roughly 100 tokenized stocks and exchange-traded funds for its European customer base. These products bring traditional equities onto the blockchain, blending conventional financial assets with crypto-native infrastructure.
The expansion signals a broader push by crypto exchanges to diversify their product suites and capture growing appetite for tokenized real-world assets. Pre-IPO trading, in particular, has emerged as a fast-growing niche as investors seek early access to high-profile private firms.
Key elements of the new European offering include:
- Valuation-based products tied to OpenAI and Anthropic
- Leverage of up to 10x on private-company positions
- Around 100 tokenized stocks and ETFs
By combining these tools, OKX is positioning itself to serve traders who want exposure to both public and private markets from a single platform, underscoring how the lines between traditional finance and digital assets continue to blur.