On Wednesday, the Injective team announced via X that it has launched onchain Pre-IPO markets. This feature allows users to trade major private companies like OpenAI on $INJ with leverage.
Injective is starting off with access to Pre-IPO shares of OpenAI via major Injective apps such as Helix, with many new companies becoming available over the next few weeks. According to Injective, its Pre-IPO perps are;
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Programmable
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Composable
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Leverage
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Capital Efficient
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100% Onchain
Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $12.75, up 3.1% in the last 24 hours.