Key Takeaways
- • PrimeXBT, a multi-asset broker and crypto service provider, has launched Tokenised Stock Crypto Futures linked to seven companies: SpaceX (SPCX/USDT), NVIDIA (NVDA/USDT), Tesla (TSLA/USDT), Circle (CRCL/USDT), Apple (AAPL/USDT), Alphabet (GOOGL/USDT) and Robinhood (HOOD/USDT).
- • The contracts are marketed as allowing traders to go long or short around the clock, including outside US stock market hours, without owning the underlying shares.
- • Tesla and SpaceX boards each formed committees of independent directors on 20 October to evaluate a potential merger, with Musk saying he cannot take part in the special committee discussions.
- • Google Cloud revenue grew 103% to $30.7 billion in the third quarter, but free cash flow was negative $9.1 billion after $51.4 billion of capital spending, per the article.
- • PrimeXBT's Crypto Futures fees start at 0.01% for makers and 0.045% for takers, with VIP level 5 taker fees as low as 0.015%.
Summary
PrimeXBT, a global multi-asset broker and crypto asset service provider, has introduced Tokenised Stock Crypto Futures linked to seven major technology companies, available on its PXTrader 2.0 platform alongside Bitcoin and more than 170 other Crypto Futures. The article presents the offering as a way for crypto-native traders to gain exposure to traditional equity price movements. The contracts are quoted in USDT and allow traders to go long or short without owning the underlying shares, including outside regular US market hours.
The article ties the product to several recent developments. Tesla and SpaceX have each set up committees of independent directors, formed on 20 October, to examine a possible merger. Musk said on SpaceX's earnings call, "Because I'm a conflicted party, I can't actually be in the discussions of the special committees," and added that no terms have been agreed and a deal is not certain. Tesla traded 48.9 million shares the following day, about 41% above its 30-day average, and its shares rose 3.4% in the next session. A Tesla deal would require support from 50% of all shareholders rather than only those voting, a higher bar than at SpaceX, where Musk holds more than 50% of voting power.
On AI spending, the article cites Alphabet's third-quarter results on 28 October: Google Cloud revenue rose 103% to $30.7 billion, but free cash flow was negative $9.1 billion after $51.4 billion in capital spending. Alphabet's 2026 spending forecast of $195 billion to $205 billion is unchanged, and CFO Anat Ashkenazi said spending will "increase significantly" in 2027. SpaceX expects to spend $35 billion to $40 billion next quarter, mostly on AI. NVIDIA has guided to $108 billion in revenue for the quarter it reports on 17 November, up from $96.2 billion previously. Alphabet shares were down nearly 13% on the week.
The article also highlights Circle, issuer of the USDC stablecoin, which reports on 4 November, and Robinhood, which has 28.7 million funded customers and plans 24/7 equity trading later in 2026 according to management. PrimeXBT's platform offers TradingView charts, stop-loss and take-profit orders, and cross or isolated margin, with accounts funded in USDT, USDC, BTC or ETH. Note that this is promotional content from PrimeXBT, which carries a disclaimer that these leveraged products carry a high risk of rapid loss and may not suit all investors.
The article ties the product to several recent developments. Tesla and SpaceX have each set up committees of independent directors, formed on 20 October, to examine a possible merger. Musk said on SpaceX's earnings call, "Because I'm a conflicted party, I can't actually be in the discussions of the special committees," and added that no terms have been agreed and a deal is not certain. Tesla traded 48.9 million shares the following day, about 41% above its 30-day average, and its shares rose 3.4% in the next session. A Tesla deal would require support from 50% of all shareholders rather than only those voting, a higher bar than at SpaceX, where Musk holds more than 50% of voting power.
On AI spending, the article cites Alphabet's third-quarter results on 28 October: Google Cloud revenue rose 103% to $30.7 billion, but free cash flow was negative $9.1 billion after $51.4 billion in capital spending. Alphabet's 2026 spending forecast of $195 billion to $205 billion is unchanged, and CFO Anat Ashkenazi said spending will "increase significantly" in 2027. SpaceX expects to spend $35 billion to $40 billion next quarter, mostly on AI. NVIDIA has guided to $108 billion in revenue for the quarter it reports on 17 November, up from $96.2 billion previously. Alphabet shares were down nearly 13% on the week.
The article also highlights Circle, issuer of the USDC stablecoin, which reports on 4 November, and Robinhood, which has 28.7 million funded customers and plans 24/7 equity trading later in 2026 according to management. PrimeXBT's platform offers TradingView charts, stop-loss and take-profit orders, and cross or isolated margin, with accounts funded in USDT, USDC, BTC or ETH. Note that this is promotional content from PrimeXBT, which carries a disclaimer that these leveraged products carry a high risk of rapid loss and may not suit all investors.
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