Svmuu News: Crypto platforms such as tradeXYZ and Gate have launched perpetual contracts tracking the stock price of Chinese memory chip manufacturer CXMT, providing overseas investors with pre-IPO price exposure. Data shows that trading volume for these contracts over the past 24 hours was approximately $19 million. CXMT is set to list on the Shanghai STAR Market on Monday and raise nearly $10 billion. These contracts are traded using stablecoins, which to some extent allow overseas investors to bypass the channels and barriers typically associated with accessing the Chinese stock market.