CRWV is trading at $109.40 (4.2% down) following news that Binance Futures will launch USDⓈ-margined perpetual contracts on the AI-infrastructure provider.
- The new listing allows for up to 20x leverage, which is expected to amplify speculative trading flows and increase price volatility.
- Broader index futures are trading lower, adding macro pressure to the stock as it pulls back from its early-week highs.