Watch Desk posted an update
Axi has launched perpetual futures linked to OpenAI and Anthropic, letting traders bet on their price movements before any stock-market listing, FX News Group reports.
Why it mattersThe contracts allow long or short positions, trade around the clock and offer leverage of up to 25:1. They do not give traders ownership of either company. That is a new way to speculate on the value of two AI firms, not a route to buying their shares. The leverage is the eye-catching part, and the bit that deserves the most caution.
Discuss: Should brokers offer leveraged bets on private AI companies before an IPO, or does the lack of public share-price discovery make that too much risk for retail traders?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.