Wu Says learned that Ondo Finance’s perpetual contracts platform, Ondo Perps, announced support for using tokenized stocks as collateral for perpetual contracts, and officially launched 24/7 around-the-clock U.S. stock perpetual contract trading. Early users can now add leverage to go long or short during non-traditional trading hours, such as before U.S. earnings reports. In an official statement, the platform said it is not registered with the U.S. SEC or the U.S. CFTC, and strictly prohibits users in the United States and sanctioned regions from accessing or using it.

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