Batonx to List AI Index Perpetual Futures Contract

Batonx to List AI Index Perpetual Futures Contract

Global crypto asset exchange Batonx has announced the listing of a perpetual futures contract product for 'xAI', an AI Index that tracks artificial intelligence (AI) theme crypto assets. The product will be listed at 6 PM Korean Standard Time on May 28 and traded in the USDT perpetual futures market with support for up to 50x leverage. By tracking AI theme crypto assets, the xAI Index provides investors with exposure to the rapidly growing AI sector. The index is composed of the top 10 AI-related crypto assets by market capitalization, including Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN). "We are excited to list the xAI Index perpetual futures contract," said Batonx CEO Ethan Kim. "The AI sector is one of the most promising areas of growth in the crypto market, and we believe that this product will provide our users with a convenient and efficient way to gain exposure to this sector." The listing of the xAI Index perpetual futures contract is the latest in a series of initiatives by Batonx to expand its product offerings. The exchange recently launched a spot market and a fiat-to-crypto on-ramp service. Batonx is a global crypto asset exchange that offers a wide range of products and services to retail and institutional investors. The exchange is committed to providing a safe, secure, and user-friendly trading experience. --- ```