Coinbase Launches Pre-IPO Perps, Starting With Elon Musk's SpaceX
Coinbase Launches Pre-IPO Perps, Starting With Elon Musk's SpaceX Authored by Ryan Gladwin via Decrypt.co, Cryptocurrency exchange Coinbase is rolling out a perpetual futures product for pre-initial public offering (IPO) companies, allowing traders to speculate on a company's valuation before its debut. The first pre-IPO company to be traded on the platform is Elon Musk's aerospace company, SpaceX. The SpaceX pre-IPO will be settled using the USDC stablecoin, can be traded 24/7...
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