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Trade.xyz Launches Pre-IPO Bets on Chinese Chipmaker CXMT

5h ago
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  • Trade.xyz has launched Pre-IPO bets tied to the expected share price of the Chinese chipmaker CXMT. 
  • CXMT’s Shanghai listing is limited to onshore investors; difficult for global investors to buy directly.
  • The contracts offer early valuation signals but don’t grant shares, stock ownership, or voting rights.

Trade.xyz has launched Pre-Initial Public Offering (Pre-IPO) bets through a perpetual futures contract on the Hyperliquid blockchain tied to the expected share price of memory-chip maker ChangXin Memory Technologies Inc. (CXMT). The contract creates a broader market for views on the deal because CXMT’s Shanghai listing is largely limited to onshore investors. 

Trade.xyz Launches Pre-IPO Bets on CXMT

Crypto platform Trade.xyz has launched perpetual futures contracts on the Hyperliquid blockchain tied to the expected share price of Chinese memory-chip make…

Read The Full Article Trade.xyz Launches Pre-IPO Bets on Chinese Chipmaker CXMT On Coin Edition.

5h ago
bullish:

0

bearish:

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