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

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