Crypto exchange Coinbase has launched pre-IPO perpetual futures, starting with a SpaceX contract that allows traders to gain price exposure to Elon Musk's aerospace giant ahead of its expected public listing next week at a $1.8 trillion valuation.
Coinbase's pre-IPO perps are USDC-settled contracts with 24/7 trading, no expiry, no rollover, and automatically convert into a standard perp contract…