Tokenized Pre-IPO Stocks Surge 16x to $65.8M in 2026
OpenAI’s share of Q3 growth and the concentration in OpenAI and SpaceX show how heavily this market depends on a small number of private-company names.
Every Zipp story tagged #PreIPO, newest first.
OpenAI’s share of Q3 growth and the concentration in OpenAI and SpaceX show how heavily this market depends on a small number of private-company names.
A future listing could force crypto-set valuations to converge with a public share price, putting open interest, collateral and liquidation levels to the test.
The model links access quotas to Alpha Points and bStocks activity while keeping assets in users' wallets, but the first offering remains undisclosed.
The contracts create a live valuation market before Anthropic has set an offering price, but their cash-settled structure offers no claim on company shares.
The move puts Musk's private-space giant at fresh highs on secondary markets, a signal of how institutional appetite for pre-IPO equity keeps tightening.
The contract shows measurable derivatives activity, but its trillion-dollar figure depends on Binance's estimated share count, not a public Anthropic equity price.
Hyperliquid's Pre-IPO market gets an early demand test, while the 5x structure makes the $264K trade a directional signal rather than proof of broad participation.
Trade[XYZ] deployed the contract with a $5 reference, not the RMB 8.66 IPO price, and a 20% discovery bound and internal oracle govern the mark until CXMT starts trading.
Hyperliquid's SPCX perps let traders price a private-market thesis with crypto leverage, and over $50M in liquidations shows the speculative capital is real even before any SEC filing exists.
Coinbase (COIN) unveiled a sweeping product suite in its latest System Update, layering stock and ETF trading, options…
Anthropic's pre-IPO market sold off over the weekend after the U.S. government ordered the company to shut down access…
Kraken's SpaceX pre-IPO allocation landed well below internal expectations, with user subscription demand running far…
SPCX still prices a 16% first-day premium above SpaceX's fixed $135 offer — down from roughly 60% in May as crypto weakness and cash-raising for allocations drag on the contract.
Coinbase is rolling out perpetual futures contracts tied to pre-IPO companies, with SpaceX as the first underlying…
Coinbase has launched perpetual futures contracts tied to pre-IPO companies, with SpaceX as the first underlying asset…
Ventuals, the platform offering pre-IPO perpetual contracts on Hyperliquid, has announced it will compensate traders…
The wipe wasn't a macro move or a token-specific catalyst — it was bad oracle data, and it liquidated 405 users in under half an hour.
Pre-IPO contracts, prediction markets, 24/7 tokenized equities, and a USDC deal FalconX sizes at $160M annualized revenue — Hyperliquid is no longer a perp venue, it's a full-stack exchange bid.
Polymarket has announced a partnership with Nasdaq Private Market, opening up access for its users to trade shares in…
The contract launched on a day $BTC slipped, putting HYPE among the day's rare outperformers as the perps platform broadens its real-world asset lineup.