The Block (@TheBlockCo): THE BLOCK: Hyperliquid Policy Center and trade[XYZ] have asked the SEC to consider pre-IPO perpetuals, arguing the contracts could provide a public pr…
Estimated coin impact
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THE BLOCK: Hyperliquid Policy Center and trade[XYZ] have asked the SEC to consider pre-IPO perpetuals, arguing the contracts could provide a public price signal for companies before they list. The groups point to five completed pre-IPO perps on Hyperliquid, saying prices closely anticipated IPO opening prices and could help issuers and underwriters gauge demand.