Ostium integrates Nasdaq data, launching on-chain stock perpetual contract products

Odaily Odaily Planet Daily reports that the on-chain perpetual contract trading platform Ostium has announced a partnership with Nasdaq, utilizing its U.S. stock market data to support stock perpetual contract products on the platform.

Ostium stated that this makes it the first on-chain trading venue supported by Nasdaq data to offer stock perpetual contracts. The platform indicated 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. The platform's cumulative trading volume has now surpassed $50 billion, with over 26,000 trading users.