Svmuu Svmuu reports that on-chain perpetual contract trading platform Ostium has announced a partnership with Nasdaq to utilize its U.S. stock market data to support equity perpetual contract products on the platform.
Ostium states that this makes it the first on-chain trading venue backed by Nasdaq data to offer equity perpetual contracts. The platform states that users will be able to gain exposure to U.S. stocks through on-chain infrastructure while retaining features such as transparency, instant settlement, and self-custody.
Ostium specializes in on-chain leveraged trading of traditional financial assets, covering categories such as stocks, indices, commodities, ETFs, and forex. To date, the platform has facilitated cumulative trading volumes exceeding $50 billion and has over 26,000 trading users.