Pre-IPO perpetuals are becoming source of price discovery - Bitwise

24th June, 2026

Zak Jakubowski
Close up of of a globe made up of digital stream lines

Growing demand for exposure to private companies such as SpaceX, OpenAI and Anthropic is driving activity in pre-IPO perpetual futures markets.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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