Coinbase offers pre-IPO SpaceX futures contract

cn.investing.com (Chinese)

Coinbase launched a pre-IPO perpetual futures contract for SpaceX, allowing investors to speculate on its post-listing performance before its actual IPO. The new product is a 24/7 trading perpetual contract, similar to on-chain commodities, and will automatically convert to a SpaceX perpetual contract upon the company's IPO. It is offered through Coinbase Bermuda and is not available to US investors. This move comes amid a cryptocurrency market downturn and increased competition, with Binance also offering a similar SpaceX pre-IPO contract. Coinbase plans to introduce more pre-IPO contracts for other companies in various sectors.


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Coinbase offers pre-IPO SpaceX futures contract | News Minimalist