Pre-IPO Perpetual Trading Grows 6,000x Since March on Tech Bets

Pre-IPO perpetual futures volume on crypto exchanges reached roughly $12 billion in June, a 6,000-fold jump from March. The notable growth came as traders chased exposure to technology giants. Pre-IPO Perpetuals Now Drive 55% of Crypto Equity Trades Pre-IPO perpetual futures let traders speculate on private companies before their shares reach public markets. The contracts