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2026-06-07 21:56:47 UTC

RWATimes on Nostr: 📰 Kraken adds trading in SpaceX pre-IPO perp 🗓️ Jun 07 2026 14:52 UTC - ...

📰 Kraken adds trading in SpaceX pre-IPO perp
🗓️ Jun 07 2026 14:52 UTC - Gerald Segal

If and when SpaceX completes an IPO, Kraken intends to convert the contract to standard tokenized-equity-style pricing.

➤ Kraken has launched a pre-IPO perpetual contract for SpaceX (SPCX), allowing eligible clients to trade long or short on the company's valuation before its potential IPO.
➤ The contract utilizes a proprietary 'Kraken PreMarket Synthetic index' with smoothing and clamping mechanisms to manage price discovery in a thin market, and offers up to 5x leverage.
➤ Upon SpaceX's IPO, Kraken plans to convert the contract to a standard tokenized equity spot index, with updated specifications to be announced.

#spacex #kraken #preipo #perpetualcontract #tokenizedequity #leverage #valuation #ipo #syntheticindex

🔗 Read more at: https://rwatimes.io/articles/fxnewsgroup-kraken-adds-trading-in-space-x-pre-ipo-perp-3335423056