Key facts
- Bybit has launched pre-IPO perpetual contracts.
- The contracts are for Chinese robotics firm Unitree.
- The contracts are for AI startup Moonshot AI.
- These are USDT-denominated contracts.
- The contracts provide price exposure without direct share ownership.
- This expands Bybit's offerings in private-market trading.
Crypto exchange Bybit has expanded its pre-IPO perpetual contracts offering to include two new private companies: Chinese robotics firm Unitree and AI startup Moonshot AI. These USDT-denominated perpetual contracts enable traders to speculate on the future price movements of these companies' shares before they are publicly listed on stock exchanges. Bybit's move into pre-IPO contracts allows for price exposure without the need for direct share ownership, providing a unique trading avenue for assets not yet available on public markets. The introduction of these contracts for Unitree and Moonshot AI highlights Bybit's strategy to broaden its derivatives offerings and tap into the growing interest in private market investments. This expansion caters to a segment of traders seeking early access to potentially high-growth companies, offering a way to gain exposure to their anticipated future valuations.