According to CoinMeta, Bybit announced the launch of Pre-IPO perpetual contracts related to Chinese robotics company Unitree and artificial intelligence startup Moonshot AI, further expanding its trading in the private market. These newly launched contracts are denominated in USDT and allow traders to gain price exposure without owning the underlying assets. Bybit stated that since their launch in April, their range of traditional financial perpetual contracts has grown to over 200 products, covering stocks, ETF, commodities, indices, and Pre-IPO companies. Unitree received approval for its initial public offering from China's securities regulatory authorities in July, allowing it to list on the Shanghai Science and Technology Innovation Board.