Binance to launch Pre-IPO perpetual futures on Oura Inc. shares
- —OURAUSDT trading opens Sept. 23 at 16:30 in Binance's RIE segment
- —Up to 20x leverage, USDT settlement, minimum order of 0.01 OURA
- —Funding rate fixed at 0.005% per 8 hours during the Pre-IPO phase
- —Implied share count is about 321 million; contract removed if IPO fails
Why it matters: Binance is widening access to pre-IPO equity exposure via derivatives, intensifying competition in tokenized TradFi products.
Source: PANews