<p><em>旨在讓傳統私人市場參與者以外的人也能獲得機會，Pre-IPO 永續合約允許用户在公開上市前交易預期估值</em></p>
<p>, /PRNewswire/ -- Binance 今日宣佈推出永續期貨合約，旨在讓用户在高知名度的私人公司首次公開募股（IPO）之前提前接觸市場。該新產品使用户能夠在股票開始在公開交易所交易之前對其進行交易，從而打開了全球市場上最受關注時刻的機會。</p>
<p>在 Binance Futures 上首個上線的 Pre-IPO 永續合約將是 SPCXUSDT Pre-IPO 永續合約，基於對太空探索技術公司（&#34;SpaceX&#34;）的預期公開市場估值。未來將逐步推出更多的 Pre-IPO 永續合約。</p>
<p>此次推出也反映了 Binance 更廣泛的願景，即構建一個金融超級應用，使用户能夠通過加密原生基礎設施無縫接入更廣泛的金融機會。通過超越傳統數字資產的使用案例，並將用户與主要市場時刻連接，Binance 繼續將其平台發展為全球金融的更全面的入口。</p>
<p><em>&#34;Pre-IPO 永續期貨是 Binance 如何通過結合加密原生基礎設施與重大金融事件來讓市場機會民主化的又一個例子。隨着公眾上市的興趣持續增長，我們為用户提供了一種更靈活的方式，以更早地參與預期的 IPO，&#34;</em> Binance 現貨及衍生品業務負責人 Shunyet Jan 説道。<em>&#34;此次推出反映了我們對 Binance 作為金融超級應用的願景——一個提供接入不斷擴展的金融機會的平台，這些機會在傳統上更難以獲得。&#34;</em></p>
<p>歷史上，Pre-IPO 價格發現主要限於機構投資者和私人市場參與者。Binance 最新的產品通過使全球合格用户能夠在公司公開亮相之前參與市場預期，從而使這一機會民主化。通過利用加密原生基礎設施，Binance 正在幫助減少與 Pre-IPO 參與相關的許多傳統障礙。</p>
<p>基於數字資產交易者熟悉的永續期貨架構，這些合約旨在提供持續定價、交易靈活性和深度流動性。用户無需等待股票的公開亮相，可以在最終 IPO 定價之前及之後根據預期進行交易，將單一市場事件轉變為由不斷變化的情緒塑造的實時交易機會。</p>
<p><strong>Pre-IPO 永續合約的工作原理：</strong> 在 IPO 之前，這些合約預計將反映公開可用的定價信號，包括已公佈的價格區間和最終發行價格。一旦基礎公司開始在公開市場交易，這些合約將轉變為反映實時市場表現。如果 IPO 被推遲或取消，Binance 將提前通知任何退市，並根據透明的流程結算合約，以支持一致的用户體驗。一旦確定可以為基礎資產推導出穩定的標記價格，Binance 可能會將合約轉變為標準的 TradFi 永續合約框架。</p>
<p><strong>首個上市詳情：</strong> SPCXUSDT Pre-IPO 永續合約是 Binance 上首個上市的 Pre-IPO 期貨合約，預計將為合格用户提供在 SpaceX 公開上市之前接觸市場預期的機會。該合約將以 USDT 進行保證金和結算。有關槓桿、最小變動價位、資金費率和上市時間的更多信息，請查看 <strong>這裏</strong>。</p>
<p># # #</p>
<p><strong>免責聲明：</strong> 數字資產價格可能會波動。您的投資價值可能會下降或上升，您可能無法收回投資金額。您對自己的投資決策負全部責任，Binance 對您可能遭受的任何損失不承擔責任。Pre-IPO 永續合約面臨高市場風險和價格波動。在官方上市後，可能會出現特別高的波動，價格可能會低於最終 IPO 價格。不能保證某一股票的 IPO 會進行。您可能會在短時間內被要求進行額外的保證金存款或利息支付。如果未在規定時間內進行所需的保證金存款或利息支付，您的抵押品可能會被清算。此外，您將對賬户中任何產生的赤字和利息費用負責。在不利價格變動的情況下，您的所有保證金餘額可能會被清算。過去的表現並不能可靠地預測未來的表現。Pre-IPO 永續合約不代表對相關基礎股票的所有權。Pre-IPO 永續合約與相關基礎股票的發行人沒有關聯、附屬關係，也未獲得其贊助或認可。在交易之前，您應根據自己的目標和情況獨立評估交易的適當性，包括風險和潛在收益。如有必要，請諮詢您自己的顧問。此信息不應被視為財務或投資建議。要了解更多關於如何保護自己，請訪問我們的負責任交易頁面。有關更多信息，請參見我們的使用條款、交易所規則、清算規則、交易所程序、清算程序、合約規格和風險警告。</p>
<p><strong>關於 Binance</strong></p>
<p>幣安是全球領先的區塊鏈生態系統，背後支持着全球最大的加密貨幣交易所，按交易量和註冊用户數計算。幣安因其行業領先的安全性、透明度、交易引擎速度、對投資者的保護以及無與倫比的數字資產產品組合而受到來自 100 多個國家超過 3.1 億人的信任，涵蓋交易、金融、教育、研究、社會公益、支付、機構服務和 Web3 功能。幣安致力於構建一個包容性的加密生態系統，以增加全球人民的貨幣自由和金融可及性，以加密貨幣作為基本手段。欲瞭解更多信息，請訪問：https://www.binance.com。</p>
<p>來源：幣安</p>
<p><img src="https://imageproxy.pbkrs.com/https://rt.prnewswire.com/rt.gif/query-RGF0ZUlkPTIwMjYwNTIxJk5ld3NJdGVtSWQ9Q042NTA3MyZUcmFuc21pc3Npb25fSWQ9MjAyNjA1MjEwMDMxUFJfTkVXU19VU1BSX19fX19DTjY1MDcz?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://rt.prnewswire.com/rt.gif/query-RGF0ZUlkPTIwMjYwNTIxJk5ld3NJdGVtSWQ9Q042NTA3MyZUcmFuc21pc3Npb25fSWQ9MjAyNjA1MjEwMDMxUFJfTkVXU19VU1BSX19fX19DTjY1MDcz"/></p>

太空 ETF - Procure

標普 Kensho 最終前沿 ETF - SPDR

ARKX

<p>幣安推出了首次公開募股（IPO）前的永久合約，允許用户在公司上市前交易其預期估值。首個合約 SPCXUSDT 基於 SpaceX 預期的公開估值。此舉旨在通過利用加密原生基礎設施實現靈活交易和持續定價，來使 IPO 前的投資機會更加普及，傳統上這些機會僅限於機構投資者</p>

<p><em>Designed to democratize access beyond traditional private market participants, Pre-IPO Perpetual Contracts allow users to trade expected valuations ahead of public listings</em></p>
<div class="lb-trans"><p><em>旨在讓傳統私人市場參與者以外的人也能獲得機會，Pre-IPO 永續合約允許用户在公開上市前交易預期估值</em></p>
</div><p>, /PRNewswire/ -- Binance today announced the launch of perpetual futures contracts designed to give users early market exposure to high-profile private companies ahead of their initial public offerings (IPOs). The new product enables users to take positions on shares before they begin trading on public exchanges, opening access to one of the most closely watched moments in global markets.</p>
<div class="lb-trans"><p>, /PRNewswire/ -- Binance 今日宣佈推出永續期貨合約，旨在讓用户在高知名度的私人公司首次公開募股（IPO）之前提前接觸市場。該新產品使用户能夠在股票開始在公開交易所交易之前對其進行交易，從而打開了全球市場上最受關注時刻的機會。</p>
</div><p>The first Pre-IPO Perpetual Contract to go live on Binance Futures will be SPCXUSDT Pre-IPO Perpetual, based on the anticipated public market valuation of Space Exploration Technologies Corp (&#34;SpaceX&#34;). Additional Pre-IPO perpetual listings will be introduced over time.</p>
<div class="lb-trans"><p>在 Binance Futures 上首個上線的 Pre-IPO 永續合約將是 SPCXUSDT Pre-IPO 永續合約，基於對太空探索技術公司（&#34;SpaceX&#34;）的預期公開市場估值。未來將逐步推出更多的 Pre-IPO 永續合約。</p>
</div><p>The launch also reflects Binance's broader vision of building a financial super app that gives users seamless access to a wider range of financial opportunities through crypto-native infrastructure. By expanding beyond traditional digital asset use cases and connecting users to major market moments, Binance continues to evolve its platform into a more comprehensive gateway for global finance.</p>
<div class="lb-trans"><p>此次推出也反映了 Binance 更廣泛的願景，即構建一個金融超級應用，使用户能夠通過加密原生基礎設施無縫接入更廣泛的金融機會。通過超越傳統數字資產的使用案例，並將用户與主要市場時刻連接，Binance 繼續將其平台發展為全球金融的更全面的入口。</p>
</div><p><em>&#34;Pre-IPO perpetual futures is another example of how Binance is democratizing access to market opportunities by combining crypto-native infrastructure with major financial events. As interest in public listings continues to grow, we're giving users a more flexible way to engage with anticipated IPOs earlier,&#34;</em> commented Shunyet Jan, Head of Spot and Derivatives Business at Binance. &#34; <em>This launch reflects our vision for Binance as a financial super app — one that offers access to an expanding range of financial opportunities that have traditionally been more difficult to reach.&#34;</em></p>
<div class="lb-trans"><p><em>&#34;Pre-IPO 永續期貨是 Binance 如何通過結合加密原生基礎設施與重大金融事件來讓市場機會民主化的又一個例子。隨着公眾上市的興趣持續增長，我們為用户提供了一種更靈活的方式，以更早地參與預期的 IPO，&#34;</em> Binance 現貨及衍生品業務負責人 Shunyet Jan 説道。<em>&#34;此次推出反映了我們對 Binance 作為金融超級應用的願景——一個提供接入不斷擴展的金融機會的平台，這些機會在傳統上更難以獲得。&#34;</em></p>
</div><p>Historically, pre-IPO price discovery has been largely limited to institutional investors and private market participants. Binance's latest offering democratizes that access by enabling a global base of eligible users to engage with market expectations ahead of a company's public debut. By leveraging crypto-native infrastructure, Binance is helping reduce many of the traditional barriers associated with pre-IPO participation.</p>
<div class="lb-trans"><p>歷史上，Pre-IPO 價格發現主要限於機構投資者和私人市場參與者。Binance 最新的產品通過使全球合格用户能夠在公司公開亮相之前參與市場預期，從而使這一機會民主化。通過利用加密原生基礎設施，Binance 正在幫助減少與 Pre-IPO 參與相關的許多傳統障礙。</p>
</div><p>Built on perpetual futures rails familiar to digital asset traders, the contracts are designed to offer continuous pricing, trading flexibility, and deep liquidity. Rather than waiting for a stock's public debut, users can trade on expectations before final IPO pricing and beyond, turning a single market event into an active, real-time trading opportunity shaped by evolving sentiment.</p>
<div class="lb-trans"><p>基於數字資產交易者熟悉的永續期貨架構，這些合約旨在提供持續定價、交易靈活性和深度流動性。用户無需等待股票的公開亮相，可以在最終 IPO 定價之前及之後根據預期進行交易，將單一市場事件轉變為由不斷變化的情緒塑造的實時交易機會。</p>
</div><p><strong>How Pre-IPO Perpetuals work:</strong> Ahead of an IPO, the contracts are expected to reflect publicly available pricing signals, including announced price ranges and final offering prices. Once the underlying company begins trading on public markets, the contracts will transition to reflect live market performance. In the event that an IPO is postponed or canceled, Binance will provide advance notice of any delisting and settle contracts according to a transparent process designed to support a consistent user experience. Binance may transition the contract into a standard TradFi perpetual contract framework once it determines that a stable mark price can be derived for the underlying asset.</p>
<div class="lb-trans"><p><strong>Pre-IPO 永續合約的工作原理：</strong> 在 IPO 之前，這些合約預計將反映公開可用的定價信號，包括已公佈的價格區間和最終發行價格。一旦基礎公司開始在公開市場交易，這些合約將轉變為反映實時市場表現。如果 IPO 被推遲或取消，Binance 將提前通知任何退市，並根據透明的流程結算合約，以支持一致的用户體驗。一旦確定可以為基礎資產推導出穩定的標記價格，Binance 可能會將合約轉變為標準的 TradFi 永續合約框架。</p>
</div><p><strong>First Listing Details:</strong> SPCXUSDT Pre-IPO Perpetual is the first Pre-IPO futures contract to be listed on Binance and is expected to provide eligible users with exposure to market expectations surrounding SpaceX ahead of its public listing. The contract will be margined and settled in USDT. Additional information on leverage, tick size, funding rate and listing time can be found <strong>here</strong>.</p>
<div class="lb-trans"><p><strong>首個上市詳情：</strong> SPCXUSDT Pre-IPO 永續合約是 Binance 上首個上市的 Pre-IPO 期貨合約，預計將為合格用户提供在 SpaceX 公開上市之前接觸市場預期的機會。該合約將以 USDT 進行保證金和結算。有關槓桿、最小變動價位、資金費率和上市時間的更多信息，請查看 <strong>這裏</strong>。</p>
</div><p># # #</p>
<div class="lb-trans"><p># # #</p>
</div><p><strong>Disclaimer:</strong> Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Pre-IPO Perps are subject to high market risk and price volatility. There may be particularly high volatility following official listing and the price may remain lower than the final IPO price. There is no guarantee that the IPO in respect of a share will proceed. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Pre-IPO Perps do not represent ownership of the relevant underlying share. Pre-IPO Perps are not associated or affiliated with, or sponsored or endorsed by, the issuer of the relevant underlying shares. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Exchange Rules, Clearing Rules, Exchange Procedures, Clearing Procedures, Contract Specifications and Risk Warning.</p>
<div class="lb-trans"><p><strong>免責聲明：</strong> 數字資產價格可能會波動。您的投資價值可能會下降或上升，您可能無法收回投資金額。您對自己的投資決策負全部責任，Binance 對您可能遭受的任何損失不承擔責任。Pre-IPO 永續合約面臨高市場風險和價格波動。在官方上市後，可能會出現特別高的波動，價格可能會低於最終 IPO 價格。不能保證某一股票的 IPO 會進行。您可能會在短時間內被要求進行額外的保證金存款或利息支付。如果未在規定時間內進行所需的保證金存款或利息支付，您的抵押品可能會被清算。此外，您將對賬户中任何產生的赤字和利息費用負責。在不利價格變動的情況下，您的所有保證金餘額可能會被清算。過去的表現並不能可靠地預測未來的表現。Pre-IPO 永續合約不代表對相關基礎股票的所有權。Pre-IPO 永續合約與相關基礎股票的發行人沒有關聯、附屬關係，也未獲得其贊助或認可。在交易之前，您應根據自己的目標和情況獨立評估交易的適當性，包括風險和潛在收益。如有必要，請諮詢您自己的顧問。此信息不應被視為財務或投資建議。要了解更多關於如何保護自己，請訪問我們的負責任交易頁面。有關更多信息，請參見我們的使用條款、交易所規則、清算規則、交易所程序、清算程序、合約規格和風險警告。</p>
</div><p><strong>About Binance</strong></p>
<div class="lb-trans"><p><strong>關於 Binance</strong></p>
</div><p>Binance is a leading global blockchain ecosystem behind the world's largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 310 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com.</p>
<div class="lb-trans"><p>幣安是全球領先的區塊鏈生態系統，背後支持着全球最大的加密貨幣交易所，按交易量和註冊用户數計算。幣安因其行業領先的安全性、透明度、交易引擎速度、對投資者的保護以及無與倫比的數字資產產品組合而受到來自 100 多個國家超過 3.1 億人的信任，涵蓋交易、金融、教育、研究、社會公益、支付、機構服務和 Web3 功能。幣安致力於構建一個包容性的加密生態系統，以增加全球人民的貨幣自由和金融可及性，以加密貨幣作為基本手段。欲瞭解更多信息，請訪問：https://www.binance.com。</p>
</div><p>SOURCE Binance</p>
<div class="lb-trans"><p>來源：幣安</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://rt.prnewswire.com/rt.gif/query-RGF0ZUlkPTIwMjYwNTIxJk5ld3NJdGVtSWQ9Q042NTA3MyZUcmFuc21pc3Npb25fSWQ9MjAyNjA1MjEwMDMxUFJfTkVXU19VU1BSX19fX19DTjY1MDcz" alt="" original-src="https://rt.prnewswire.com/rt.gif?NewsItemId=CN65073&amp;Transmission_Id=202605210031PR_NEWS_USPR_____CN65073&amp;DateId=20260521"/></p>

幣安推出永續期貨以獲取 Pre-IPO 市場的敞口，首先從 SpaceX 開始