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Binance launches USDT-settled perpetual futures for SpaceX pre-IPO speculation

Market News
28 May 2026
Coincu
View Source
Bullish
pluang ai news

Binance has introduced a new perpetual futures contract settled in USDT that allows traders to speculate on SpaceX's potential public market valuation before its IPO. This product expands Binance's offerings in synthetic trading linked to traditional finance and private companies, reflecting growing market interest in pre-IPO speculation. The contract operates continuously without expiration and leverages stablecoins like USDT for liquidity, highlighting the convergence of crypto and traditional financial markets. This move positions Binance at the forefront of crypto derivatives innovation as exchanges race to offer diverse perpetual futures products.

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