[Huobi HTX Launches Tesla Stock Token TSLAX Perpetual Contract] BlockBeats News, November 19: According to the official announcement, Huobi HTX launched the TSLAX/USDT perpetual contract on November 19, with a maximum leverage of 20x. This is the first crypto-stock contract launched on Huobi HTX. Reportedly, TSLAX (Tesla xStock) is a tokenized stock created by the compliant physical asset tokenization company Backed Finance. It tracks the price of Tesla stock and aims to allow crypto users to access Tesla's stock price in a regulatory-compliant manner while maintaining the advantages of blockchain technology. Additionally, Huobi HTX will host the TSLAX contract trading party from 15:00 on November 19 to 15:00 on November 26 (UTC+8), with a total prize pool of up to $10,000. During the event, users who complete registration and participate in TSLAX/USDT contract trading with a cumulative valid trading volume of ≥10,000 USDT will be eligible to share the prize pool based on their trading volume ranking. New contract users who complete TSLAX/USDT contract trading will also receive exclusive benefits.