KuCoin Launches Nike, Accenture and Shipping ETF Perpetuals With 20x Leverage

KuCoin Futures launched perpetual contracts tied to Nike, Accenture and the Breakwave Tanker Shipping ETF on Oct. 5, adding traditional securities as price references for crypto derivatives traders. The contracts trade around the clock and offer up to 20x leverage.

The products use USDT for settlement and carry the symbols BWETUSDT, NKEUSDT and ACNXUSDT. Trading began at 5 a.m. ET (9 a.m. UTC).

The contracts are synthetic products that track the prices of their reference assets. They do not transfer shares or ETF units to traders or provide ownership of the underlying securities.

The launch details do not establish whether U.S. customers can trade the contracts.

KuCoin previously opened spot trading for tokenized equities, with U.S. users excluded. The new derivatives are separate from those spot products. KuCoin’s earlier tokenized stock launch also had jurisdiction-based access limits.