Crypto exchange MNX takes on OKX, BitGet offering pre-IPO futures for AI giants
MNX is offering a different way to trade the future valuations of private AI companies, including OpenAI, Anthropic and DeepSeek.
AI summary
Crypto exchange MNX is launching pre-IPO futures contracts tied to the future valuations of private AI companies such as OpenAI, Anthropic, and DeepSeek, positioning itself against competitors OKX and BitGet. The product lets traders speculate on the valuations of these closely held firms before any public listing. The move is a niche exchange product launch rather than a broad market catalyst, so it is unlikely to move major crypto prices on its own.
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