[Huobi HTX Launches First Crypto-Stock Contract: Tesla Stock Token TSLAX Perpetual Contract] According to the official announcement, Huobi HTX launched the TSLAX/USDT perpetual contract on November 19, with a maximum leverage of 20x. This marks the first crypto-stock contract introduced by 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 leveraging the advantages of blockchain technology. Additionally, Huobi HTX is hosting the TSLAX contract trading party from November 19 at 15:00 to November 26 at 15:00 (UTC+8), with a total prize pool of $10,000. During the event, users who complete registration and participate in TSLAX/USDT contract trading with a cumulative effective 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.