From smart rings to trading on Binance: what connects Oura, bStocks, and the Pre-IPO market? 💍📈
While the Oura Ring device conquers the wrists and fingers of biohacking enthusiasts, the company itself, Oura Health, has entered the final stretch of preparing for an IPO in the US with a valuation of over $15 billion. This event is what drew the attention of the cryptocurrency community to the brand.
Here’s how health technology intersects with new tools on Binance:
1. Pre-IPO futures: the first speculation before listing
There are no direct Oura shares available in the open market before the official Nasdaq bell. However, Binance has launched the OURAUSDT Pre-IPO Perpetual contract.
This is a margin-settled derivative (USDT-settled), which lets traders speculate on market expectations for Oura’s price ahead of time—before the shares begin trading publicly.
Trading runs 24/7, but it does not grant ownership rights to the company’s real securities.
#bstocks #OURAUSDT