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via Cointelegraph · By Cointelegraph Staff
Binance Launches Pre-IPO Futures Product Tied to SpaceX IPO
SPCXB
SPCXB/USDT
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$139.97
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$2,452,656.80
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$140.55 / $139.30
Change: $1.25 (0.90%)
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CS
Cointelegraph Staff(08:28 PM UTC)
1 min read
Binance launched perpetual futures contracts tied to the expected valuations of private companies ahead of their public listings, starting with a SpaceX-linked product settled in Tether's USDt (USDT).
Binance said pre-IPO perpetual contracts are expected to reflect publicly available IPO pricing indicators, including announced valuation ranges and final offering prices, before a company begins…
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