Binance Launches Perpetual Futures Trading for Pre-IPO Stocks

Binance has launched perpetual futures trading for OpenAI and Anthropic ahead of their initial public offerings (IPOs), according to researcher André Dragosch. This move allows traders to position themselves before traditional markets participate, notes Dragosch.

Dragosch points out that Binance already lists perpetual futures for both companies, enabling traders to bet on the outcome of their IPOs while waiting for the stocks to become available on public exchanges.