[DigitalToday reporter Chi-gyu Hwang] Cryptocurrency exchange OKX has unveiled perpetual stock contracts and expanded global stock investment options using cryptocurrencies, The Block reported on March 14 (local time).

With the launch, investors can access major global stocks and indices around the clock. The offering includes Nvidia, Tesla, Apple, Alphabet, Microsoft, Amazon and Meta, known as the 'Magnificent 7.' Crypto-related companies such as MicroStrategy, Coinbase, Robinhood and Circle are also available, along with technology stocks such as Palantir, Intel and SanDisk.

OKX provides USDT-based trading and leverage of up to 5 times through the perpetual stock contracts. The service is available in Asia, the CIS region, Latin America and Turkey. Investors can use BTC, ETH and USDT, as well as assets in the OKX 'trading account auto earn,' as collateral, and assets used as collateral can continue to generate yield.

Star Xu (스타 쉬), OKX founder and CEO, said the introduction of perpetual stock contracts is an important step to broaden access to global stock markets while helping users maintain their cryptocurrency portfolios. It will contribute to integrating real asset-based investing into the platform, he said.