Hyperliquid Policy Center and trade[XYZ] presented to the SEC a proposal to create perpetual pre-IPO markets, which would allow for a public discovery of prices before the stock market. The letter argues that these derivatives, without conferring ownership, could better calibrate investor demand and reduce the sharp variations between the IPO price and opening. The request urges the SEC and the CFTC to define their regulatory classification. ***…
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.
Hyperliquid Policy Center and trade[XYZ] presented to the SEC a proposal to create perpetual pre-IPO markets, which would allow for a public discovery of prices before the stock market. The letter argues that these derivatives, without conferring ownership, could better calibrate investor demand and reduce the sharp variations between the IPO price and opening. The request urges the SEC and the CFTC to define their regulatory classification. ***…