Bybit adds Unitree, Moonshot AI to pre-IPO perpetuals lineup
The additions come as Bybit’s TradFi perpetuals lineup grows to more than 200 products spanning equities, ETFs, commodities, indices and private companies.
Bybit, the Dubai-based crypto exchange, has added Unitree, a Chinese robotics firm, and Moonshot AI, an artificial intelligence startup, to its pre-IPO perpetuals lineup. The launch of these perpetual contracts, denominated in USDT and settled in the same token, allows traders to gain exposure to the private companies without owning the underlying shares.
Bybit's TradFi perpetuals lineup, which now comprises over 200 products including equities, ETFs, commodities, indices, and pre-IPO companies, has grown since its April launch. Unitree is set to go public in Shanghai's STAR Market, having received approval from China's securities regulator in July. This addition to Bybit's portfolio follows a trend among other crypto exchanges, such as Binance, Coinbase, and Kraken, which have also introduced SpaceX-linked contracts ahead of their respective listings.
The private-market push by crypto exchanges is gaining momentum, with RWA.xyz data indicating that tokenized stocks have reached $2.38 billion in distributed value and have attracted 1.31 million holders, a 123.62% increase over the past 30 days.
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