Quantinuum’s pre-IPO contract traded at $93.65 on Binance, down 13.78% over 24 hours, with trading volume of $22.91 million. At the same time, sources said strong investor demand may prompt the company to increase the size of its initial public offering and raise its indicated price range by about 10%. Quantinuum had originally planned to offer about 21 million shares at $45 to $50 each, implying a valuation of up to $12.7 billion.