Investors can 'buy' SpaceX early with Coinbase perpetual futures on pre-IPOs

CNBC Top News ·

Investors can 'buy' SpaceX early with Coinbase perpetual futures on pre-IPOs

The Coinbase logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images | Lightrocket | Getty Images Coinbase on Thursday unveiled a new product …

The Coinbase logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images | Lightrocket | Getty Images Coinbase on Thursday unveiled a new product that lets customers get price exposure to private companies before they go public, starting with a perpetual futures contract –better known as a "perp" – tied to SpaceX. Pre-IPO perps give traders the ability to speculate on the value of a private company without owning shares. …

Original source: CNBC Top News

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