Let's take a closer look at what pre-IPO trading could mean for crypto investors. The rise of pre-IPO tradingFirst, crypto investors using Hyperliquid were not actually buying and selling shares of SpaceX. Centralized exchanges such as Coinbase Global plan to offer extensive pre-IPO trading, but the regulatory environment remains at odds with this type of activity. Furthermore, it's debatable whether the world of traditional finance will be happy about the rise of pre-IPO trading. The world of crypto trading is changingNevertheless, crypto trading is obviously changing.