KuCoin Launches Pre-IPO Perpetual Futures for Moonshot AI

KuCoin has introduced a MOONSHOTUSDT pre-IPO stock index perpetual contract linked to Beijing Moonshot AI Technology, the developer of the Kimi AI assistant. The contract, which began trading on September 23, allows for up to 20x leverage and settles in USDT. KuCoin clarifies that this is a synthetic derivative product and does not grant traders actual equity, voting rights, or dividend claims in the private company. The index price is based on the exchange's internal methodology and reflects market sentiment rather than the actual share price of the company.