According to FT, Chinese investors are using stablecoins and offshore crypto platforms to bypass capital controls and purchase tokenized products tracking pre-IPO valuations of U.S. tech companies like SpaceX and OpenAI. Although companies like OpenAI and Anthropic have previously stated they do not recognize unauthorized tokenized contracts or secondary transfers, and such products may lack actual economic rights, some investors still hope to gain exposure to U.S. tech IPOs and diversify their assets. https://(wublock123.com)/news/china-investors-use-stablecoins-to-bypass-capital-controls-bet-on-spacex-ipo-62716