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 for users of these products. The disclosure applies to OKX Europe Markets Limited, which is authorized and regulated by the Malta Financial Services Authority (MFSA). The notice matters because it sets expectations for traders using OKX’s pre-IPO and tokenized-equity exposure products ahead of anticipated listings.