Crypto Exchanges Bring Private Markets to the Masses with Pre-IPO Perpetuals

Dubai-based crypto exchange Bybit launched pre-IPO perpetual contracts for Chinese robotics firm Unitree and AI startup Moonshot AI, expanding its push into private-market trading. The USDT-denominated and settled contracts give traders price exposure without ownership of the underlying shares. Bybit's TradFi perpetuals lineup now exceeds 200 products, spanning equities, ETFs, commodities, indices, and pre-IPO companies. This move follows a broader trend of crypto...