Cryptocurrency News & Market Updates

Trade SpaceX at up to 5x leverage before the IPO: the Kraken SPCX pre-IPO perp is now live

TL;DR

Kraken has listed a pre-IPO perpetual on SPCX (Space Exploration Technologies Corp., or “SpaceX”), so you can go long or short on SpaceX exposure before it goes public.
Trade with up to 5× leverage and multi-collateral (flex) margin, with no expiry.
Pricing uses a purpose-built Kraken PreMarket Synthetic index that is smoothed and tightly bounded, designed to resist flash liquidations in a thin, early market.
If and when SpaceX completes an IPO, Kraken intends to convert the contract to standard tokenized-equity-style pricing, and contract specifications are expected to change.

Trade the SpaceX pre-IPO perp What is the SPCX pre-IPO perpetual?

SpaceX is one of the most valuable private companies in the world, but its shares are not yet publicly traded. The SPCX pre-IPO perpetual (PF_SPCXXUSD) is a cash-settled perpetual contract that lets you express a view on SpaceX’s value today, without waiting for an IPO:

Jun 7, 2026 • 5 min read

SpaceX IPO access now available via xStocks

Jun 5, 2026 • 5 min read

Can HYPE Sustain its Momentum?

Jun 5, 2026 • 7 min read

YOM is available for trading!

Jun 5, 2026 • 2 min read

HTX Launches “Appreciation Program” with Over $10 Million to Reward User Trust

Jun 5, 2026 • 5 min read

Stablecoins are rewriting global finance. Where is Canada?

Jun 4, 2026 • 6 min read

Kraken and Tempo partner on global payments and stablecoin infrastructure

Jun 4, 2026 • 3 min read

Kraken Flexline is now available to ECP-qualified US users

Jun 4, 2026 • 4 min read

6 new pairs available for spot margin traders in the US

Here are the details:

PairPair nameAvailable leverageLong limitShort limitNEARNEAR/USD3x320,000230,000HBARHBAR/USD5x4,200,0003,900,000CRVCRV/USD5x2,300,0001,400,000XLMXLM/USD2x2,600,0002,600,000SHIBSHIB/USD5x34,000,000,00026,000,000,000TRXTRX/USD5x3,700,0003,700,000 Start trading on Kraken Pro Here’s some more information about the tokens:

Near Protocol (NEAR) is a layer-1 blockchain designed for scalability and developer accessibility. It uses a sharded proof-of-stake architecture called Nightshade and is optimised for high throughput and low transaction costs. NEAR supports smart contracts written in JavaScript and Rust.

Jun 4, 2026 • 2 min read