Crypto Platforms Offer AI-Linked Futures in Circumvention of Chinese Restrictions
Crypto platforms have started offering perpetual futures tied to Chinese AI stocks, circumventing restrictions on foreign access. This move allows investors to gain exposure to Chinese chipmaker CXMT without triggering China's restrictions.
The perpetual futures, or 'perps,' track the shares of CXMT, which listed on the Shanghai Stock Exchange on Monday. They are now available on platforms like tradeXYZ and Gate.com.
This development is part of a broader trend where cryptocurrency trading platforms offer exposure to stocks from various countries, often in ways that traditional markets cannot match.