A post by @okx on X.

OKX has issued a legal disclaimer clarifying that its pre-IPO X-Perps are leveraged derivatives rather than actual shares, warning that leverage can amplify losses and trigger liquidation. The exchange also noted that its tokenized stocks do not confer direct ownership, and that capital is at risk. The notice applies to OKX Europe Markets Limited, which is authorized and regulated by the Malta Financial Services Authority (MFSA). The disclosure matters as exchanges expand access to private-market and equity-linked products through crypto derivatives. Traders should watch how OKX frames risk disclosures as it rolls out these products across regulated European jurisdictions.