# Bybit adds Chinese firms to pre-IPO perpetual contracts lineup

Unitree and Moonshot AI join Bybit's expanding private market products portfolio.

- **Source:** [Cointelegraph.com News](https://brifing.si/source/2e81e982-0137-4db0-8ac2-351f37085775)
- **Published:** 2026-08-15
- **Topic:** [Finance](https://brifing.si/c/finance)
- **Original article:** <https://cointelegraph.com/news/bybit-launches-unitree-pre-ipo-perpetual-as-crypto-platforms-push-into-private-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound>
- **On Brifing:** https://brifing.si/s/ff52bca3-4bf3-4bdd-abce-7acce13565f2

## Bybit's private market move

Dubai-based crypto exchange Bybit has launched pre-IPO perpetual contracts for Chinese robotics company Unitree and AI startup Moonshot AI. This move is part of Bybit's strategy to expand its presence in private market trading. The USDT-settled contracts allow investors to gain price exposure without owning the underlying shares.

## Unitree's IPO process

Unitree received approval from China's securities regulator in July for an IPO on Shanghai's STAR Market. Bybit's perpetual contracts enable investors to take positions before the company goes public. This innovative robotics company aims to attract investor interest ahead of its public listing.

## Moonshot AI's rise

Moonshot AI is a standout startup in China's rapidly growing AI ecosystem. Bybit's perpetual contracts provide early access to this startup's potential value appreciation. Increasing AI investments in Asian markets are boosting interest in companies like Moonshot.

## Crypto exchanges' strategy

Bybit's move reflects crypto exchanges' growing interest in private market products. Competitors like Binance, Coinbase and Kraken have previously offered SpaceX-linked contracts. This trend accelerates the integration of traditional financial products into the crypto world.

## TradFi products growth

Bybit has expanded its TradFi perpetual contracts portfolio to over 200 products since April. The portfolio includes equities, ETFs, commodities, indices and pre-IPO companies. This diversity provides exposure to traditional and alternative asset classes.

## Tokenized stocks surge

According to RWA.xyz data, tokenized stocks have reached $2.38 billion in distributed value. These assets have 1.31 million holders, with ownership increasing 123.62% in the last 30 days. These figures show growing demand for blockchain-represented traditional assets.

## Pre-IPO market dynamics

Pre-IPO perpetual contracts are emerging as a new way to invest in companies before they go public. Investors can benefit from potential gains during the IPO process. These products particularly focus on high-growth potential tech companies.

## Crypto-finance integration

Bybit's latest move demonstrates the increasing convergence of crypto and traditional finance worlds. Pre-IPO contracts serve as bridges between the two ecosystems. If this trend continues, crypto exchanges' role in traditional financial products may expand further.

## Sources covering this story

- https://cointelegraph.com/news/bybit-launches-unitree-pre-ipo-perpetual-as-crypto-platforms-push-into-private-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound — 

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_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
