BlockBeats News, May 1st, according to the TradeXYZ official documentation, the decentralized exchange TradeXYZ has officially added a Pre-IPO Perpetual Contract market to its product documentation. This means that users will be able to trade perpetual contracts for stocks of pre-listed companies (such as unicorn companies), allowing them to participate in price discovery before the company goes public. The specific launch date and supported asset list are yet to be announced.
A Pre-IPO Perpetual Contract is a standalone derivative, not a stock or IPO allocation, designed to provide a tradable market for the valuation debate of unlisted companies, helping investors directly engage in price discovery before an IPO.
