​​XYZ Launches Pre-IPO Perpetuals for 24/7 Price Discovery

Rickler Feed (@rickler_feed), May 4, 2026, 09:25 UTC

​​XYZ Launches Pre-IPO Perpetuals for 24/7 Price Discovery XYZ has launched Pre-IPO Perpetuals (IPOP), a new type of perpetual contract designed for private companies preparing for a public listing. How it works: - Trades based on expected share price, not market cap - Uses internal pricing before public listing - Converts into a standard equity perpetual after IPO IPOPs are cash-settled contracts, not tokenized equity, and do not provide shares, IPO allocations, dividends, or ownership rights. They allow users to trade exposure to a company’s expected public valuation before listing. The…

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