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New crypto exchange MNX launches, offering pre-IPO futures contracts for AI giants like OpenAI.
MNX, a cryptocurrency exchange developed by Manifold Markets, launched on Tuesday, allowing investors to bet on the future valuations of private AI giants such as OpenAI, Anthropic, DeepSeek, and Moonshot. MNX offers futures contracts expiring at the end of 2027, with no recurring funding fees, competing with exchanges like OKX and Bitget that already offer similar products. MNX completed a $6.4 million funding round in June this year, led by Village Global. The platform currently does not serve U.S. customers but plans to acquire the necessary licenses.
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