via Cointelegraph · By Cointelegraph Staff
Binance Launches Pre-IPO Futures Product Tied to SpaceX IPO
SPCXB/USDT
$57,887,677.95
$165.30 / $147.09
Change: $18.21 (12.38%)
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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