PrimeXBT Adds Seven Tokenized Stock Crypto Futures, Including Tesla, SpaceX and Nvidia

PrimeXBT Adds Seven Tokenized Stock Crypto Futures, Including Tesla, SpaceX and Nvidia
PrimeXBT Adds Seven Tokenized Stock Crypto Futures, Including Tesla, SpaceX and Nvidia

PrimeXBT, a crypto and multi-asset broker, has launched a new category of crypto futures linked to the prices of seven major publicly traded companies, including Tesla (NASDAQ: $TSLA), SpaceX (NASDAQ: $SPCX) and Nvidia (NASDAQ: $NVDA), the company announced Tuesday.

The product, called Tokenised Stocks, runs on the broker’s PXTrader 2.0 platform. It includes USDT-denominated futures tied to SpaceX, Nvidia, Tesla, Circle (NYSE: $CRCL), Apple (NASDAQ: $AAPL), Alphabet (NASDAQ: $GOOGL) and Robinhood (NASDAQ: $HOOD). Traders can take long or short positions around the clock, including outside regular stock market hours. The contracts give exposure to price movements without ownership of the underlying shares, PrimeXBT said.

That makes them derivatives, not tokenized shares of the kind that platforms such as OKXICE are seeking to list, an effort that more than 20 companies have objected to.

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PrimeXBT senior market analyst Jonatan Randin said Big Tech continues to capture investors’ attention, with AI investment and earnings driving sentiment, and that earnings season can bring large price moves. The new contracts, he said, let crypto traders take part in those trends from a familiar environment.

The broker also expanded its crypto lineup. It added futures on Lighter, Monad, Venice Token, Canton, Stable, JUST and Midnight, bringing its futures list to more than 170, and introduced crypto CFDs on Monero, Hyperliquid and Zcash. PrimeXBT added support for the Arbitrum, Optimism and Base networks, and listed Tether Gold, a tokenized gold asset, on its internal exchange.

PrimeXBT lists crypto futures fees of 0.01% for makers and 0.045% for takers, with discounts through a volume-based program. New clients receive a higher tier for their first 14 days, which cuts taker fees by 33%, according to the company.

Shares of Tesla (NASDAQ: TSLA) are currently trading at $391.62 while SpaceX (NASDAQ: SPCX) stock is priced at $146.90.

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