That demand comes as larger issuers reshape the 2026 IPO calendar and lift projected fundraising totals. Binance tied the growth of pre-IPO trading products to that broader issuance cycle, writing:
“2026 is on track to be the largest US IPO fundraising year on record, with proceeds expected to exceed US$225B.”
U.S. IPO proceeds reached $34.2 billion as of June 7, up 163.9% from a year earlier. Deal count remains below 2021 levels, but larger issuers are driving total fundraising higher across the 2026 IPO market.
Elon Musk’s SpaceX (Nasdaq: SPCX) illustrated the scale of those larger offerings after completing its June 12 IPO at $135 per share. The company raised $75 billion and closed its first Nasdaq session at $160.95.
Stablecoin Settlement Shapes the Next Phase of Pre-IPO TradingBinance shared:

















