Coinbase Launches Pre-IPO Perpetual Futures on SpaceX at $1.8 Trillion Valuation

SPCX-5.09%
SPACEX-1.49%
USDC-0.04%
Coinbase launched pre-IPO perpetual futures this week, starting with a SpaceX contract ahead of the aerospace company's expected public listing next week. The contracts are settled in USDC, trade 24/7 with no expiry, and offer up to 5x leverage. If SpaceX completes its IPO, the contract will automatically convert into a standard perpetual futures contract tied to the public listing. Coinbase said the pre-IPO product is the first in a planned pipeline covering technology, artificial intelligence, energy, and space sectors.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments