A Multicoin co-founder asked the CFTC (U.S. derivatives regulator) to consider introducing pre-IPO perpetual contracts for U.S. retail investors at today’s Innovation Advisory Committee meeting. The co-founder said retail investors and ordinary Americans want access to wealth creation but often become victims of scams and fraudulent projects. Perpetual contracts are derivatives without an expiry date; a pre-IPO version could be designed to provide exposure before a company’s public listing, although the proposal’s structure was not detailed.