Bybit Adds Unitree and Moonshot AI to Pre-IPO Perpetuals

Woofun AI reports that Bybit has introduced pre-IPO perpetual contracts for Chinese robotics firm Unitree and AI startup Moonshot AI, accelerating its entry into private-market trading. These instruments provide price exposure without underlying share ownership.

Woofun AI data shows the contracts are denominated and settled in USDT, a structure that has propelled Bybit's TradFi perpetuals lineup to more than 200 products since its April launch. This diverse catalog now spans equities, ETFs, commodities, indices, and pre-IPO companies, illustrating a rapid expansion of traditional finance derivatives on crypto platforms.

Unitree secured approval from China's securities regulator in July for an IPO on Shanghai's STAR Market, allowing traders to gain exposure before public trading begins. This strategy mirrors actions by Binance, Coinbase, and Kraken, which launched SpaceX-linked contracts ahead of the company's June listing to offer pre-IPO exposure through crypto-native derivatives.

The broader market trend shows tokenized stocks gaining significant traction, with RWA.xyz data indicating $2.38 billion in distributed value and 1.31 million holders. The holder count surged 123.62% over the past 30 days, signaling robust demand .