Kraken Blog/
Trade SpaceX at up to 5x leverage before the IPO: the Kraken SPCX pre-IPO perp is now live
Kraken has launched a pre-IPO perpetual contract (PF_SPCXXUSD) for SpaceX (SPCX), allowing users to trade SpaceX exposure with up to 5x leverage. The contract uses a smoothed synthetic index for pricing and is not available in the US, EEA, Canada, Australia, or New Zealand.
low impactneutralSPCX
Read the original report at Kraken BlogWhy It Matters
It introduces a synthetic way to speculate on the valuation of a major private company before its public debut, utilizing a specific pricing engine to manage early-market volatility.