From Bitcoin to Anthropic: How PrimeXBT Is Expanding Crypto Futures Beyond Coins

Perpetual futures have traditionally been associated with cryptocurrencies, and they’ve grown into a substantial market. According to CoinGecko Research figures cited by Forbes, crypto perpetuals average approximately $4.7 trillion in monthly trading volume. Now, the same trading model is expanding beyond digital assets, giving traders exposure to publicly listed companies and businesses preparing to go public.

PrimeXBT is part of this shift. Having recently introduced Tokenized Stock Crypto Futures, the global multi-asset broker and crypto asset service provider is now preparing to expand its offering further with Pre-IPO Trading, starting with Anthropic*, the AI company behind Claude.

From crypto perpetuals to company-linked markets

The expansion of perpetual futures beyond cryptocurrencies gained momentum earlier this year, as major exchanges began introducing contracts linked to private companies such as SpaceX and OpenAI. Similar instruments linked to Anthropic subsequently appeared on other trading venues.

These contracts apply a familiar Crypto Futures structure to a different type of market. Rather than trading the underlying shares, traders take long or short positions through USDT-quoted derivatives. For listed companies, prices are influenced by movements in the underlying stock. For private companies preparing to go public, prices reflect market expectations about their potential valuations and upcoming listings.

SpaceX’s June IPO demonstrated the interest surrounding major public debuts. The company priced its shares at $135, opened at $150 and closed its first trading day at $160.95, approximately 19% above the IPO price. The listing also illustrated how expectations formed ahead of an IPO can differ from prices established once shares begin trading publicly.

PrimeXBT’s expansion with Tokenized Stocks

PrimeXBT began expanding into company-linked Crypto Futures in October, introducing seven Tokenized Stock Crypto Futures contracts linked to SpaceX, NVIDIA, Tesla, Circle, Apple, Alphabet and Robinhood. These USDT-quoted derivatives allow traders to take long or short positions on share price movements without owning the underlying shares.

Available 24/7, the contracts extend PrimeXBT’s Crypto Futures offering beyond cryptocurrencies, giving traders round-the-clock access to major companies through a crypto-native trading structure. They complement the broker’s existing range of more than 350 markets on PXTrader 2.0, spanning Crypto Futures and CFDs on Forex, commodities, indices, shares and cryptocurrencies.