Huobi HTX Lists Tesla Stock Token TSLAX Perpetual Contract

2 hours ago

On November 19th, according to an official announcement, Huobi HTX launched the TSLAX/USDT perpetual contract on November 19th with a maximum leverage of 20x. This is the first Coin Stock contract listed on Huobi HTX. TSLAX (Tesla xStock) is a tokenized stock created by the compliant tokenization company Backed Finance and tracks Tesla's stock price. Its aim is to enable crypto users to access Tesla's stock price in a compliant manner while leveraging the advantages of blockchain technology. Furthermore, Huobi HTX will host a TSLAX Contract Trading Party from 3:00 PM on November 19th to 3:00 PM on November 26th (UTC+8), with a total prize pool of up to $10,000. During the event, users who sign up and participate in TSLAX/USDT contract trading with a cumulative trading volume ≥$10,000 USDT can share the prize pool based on their trading volume ranking. New users trading the TSLAX/USDT contract will also receive exclusive benefits.

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