Long.xyz launches pre-market trading contracts for OpenAI and Anthropic, supporting up to 5x leverage.

BlockBeats news, September 12: Meme coin issuance platform LONG announced the launch of Pre-IPO trading pairs for OpenAI and Anthropic, with the related contracts provided by Lighter's perpetual contract infrastructure.

Long.xyz stated that the platform has established paired liquidity pools for OpenAI, Anthropic, and Nvidia, with OpenAI and Anthropic each at 1x, and Nvidia at 3x. For the early market, the platform adopts a customized liquidity design to gradually expand liquidity with lower market depth.

It should be noted that Pre-IPO contracts do not represent actual ownership of OpenAI or Anthropic equity, but rather track the valuation expectations of unlisted companies. Lighter's current OpenAI and Anthropic contracts support up to 5x leverage and use an internal pricing mechanism.

Long.xyz emphasized that Pre-IPO trading is still in an experimental stage, and the platform will gradually adjust related products based on market performance. The recent rise in listing expectations for OpenAI and Anthropic has also driven a rapid increase in such on-chain pre-listing trading products.

At present, a new form of tokenized long positions + Meme pairing providing speculative exposure has emerged on-chain, similar to an upgraded version of the previous gameplay of pairing stock tokens such as NVDA with Meme. However, the prices of related tokens are highly volatile, and there is significant uncertainty, so users should invest with caution.