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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

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