Express

FTX Has Launched the Coinbase Pre-IPO Contract

Amy Liu

Summary: FTX announced the launch of the Coinbase Pre-IPO contract under the code CBSE. FTX stated in the tweet that like with ABNB, CBSE are not tokenized stocks. They instead track the market cap of Coinbase. After Coinbase's first day of public trading, they will convert into the equivalent amount of tokenized Coinbase fraction stocks. By ...

FTX announced the launch of the Coinbase Pre-IPO contract under the code CBSE. FTX stated in the tweet that like with ABNB, CBSE are not tokenized stocks. They instead track the market cap of Coinbase. After Coinbase's first day of public trading, they will convert into the equivalent amount of tokenized Coinbase fraction stocks.

By Amy Liu

Last Update:

Tags: ,,,
Link: FTX Has Launched the Coinbase Pre-IPO Contract   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 2 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 6 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 8 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 10 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 13 days ago

    • You need to login to comment.