BREAKING: Binance Launches Strategy’s STRC and GTA 6 Game Publisher Perpetuals

Varinder Singh
Varinder Singh

Varinder Singh

Independent Sr. Journalist
Expertise : Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
Read full bio
coingape google news
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Sponsored This page may contain affiliate links. If you sign up through these links, we may earn a commission at no additional cost to you. This does not influence our editorial reviews or rankings.

Highlights

  • Binance has launched perpetual futures contracts tied to Strategy's STRC.
  • The exchange also added GTA 6 game publisher Take-Two Interactive (TTWO) stock.
  • STRC and TTWO stocks rising in premarket trading on Thursday.

The world’s largest crypto exchange Binance has launched perpetual futures contracts tied to Strategy’s STRC perpetual preferred stock and Take-Two Interactive, the game publisher behind the highly anticipated Grand Theft Auto 6 (GTA 6). The stocks surged amid growing interest in STRC and GTA 6.

Binance Adds Strategy’s STRC and GTA 6 Game Developer to Perpetuals Offering

Binance Futures has expanded its perpetuals offering to include Strategy’s STRC stock and Take-Two Interactive (TTWO), according to an official announcement on July 2. Users can start trading the stocks today.

The new offering aligns with Binance’s broader push into 24/7 stock and equity-linked perpetuals. It allows crypto traders to gain leveraged exposure to tradFi assets without needing traditional brokerage accounts.

Binance will settle these contracts in USDT and offer 25x maximum leverage. The reason behind the move is “to expand the list of trading choices offered on Binance Futures and enhance users’ trading experience,” the leading crypto exchange added.

Binance also added perpetuals for Caterpillar (CAT), Texas Instruments (TXN), Flex Ltd (FLEX), Teradyne (TER), KraneShares SSE STAR Market 50 Index ETF (KSTR), and Bending Spoons (BSP).

Stock Jumps amid Growing Interest

STRC stock has continued to surge since Strategy boosted its USD reserve to $2.55 billion, announced MSTR buyback, and increased STRC dividend to 12%.

The stock closed 3.06% higher at $87.46 on Wednesday, bouncing more than 18% in a week. However, trading volume has remained low at 2.7 million as investors lost confidence in the STRC stock.

STRC stock is trading more than 1.87% up in premarket trading hours on Thursday. However, the Strategy perpetual preferred share is still below $100 par value to restart buying Bitcoin.

Strategy's STRC Stock
Strategy’s STRC Stock. Source: Google Finance

Meanwhile, GTA 6 game publisher Take-Two Interactive (TTWO) stock closed 0.14% higher at $250.32. The highly-awaited GTA 6 game is scheduled for release on November 19, with pre-orders already generating massive hype.

TTWO stock is up 0.15% in premarket trading hours on July 2. The stock has jumped more than 19% in a week, causing Binance to offer exposure via perpetual futures.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.
AD
BestChange

Instant Currency Exchange at BestChange with Ease

  • Compare Rates Across 1000+ Exchanges
  • Access 250+ Cryptocurrencies & Pairs
  • Save Time with Real-Time Price Tracking
  • Trusted & Verified Exchange Listings
MemeToro

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Newsletter
Your crypto brief.
Delivered every day.
  • Insights that move markets
  • 100,000 active subscribers
By signing-up you agree to our Terms and Conditions and Privacy Policy.
About Author
About Author
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.