Robot maker Unitree is going public. Hyperliquid traders see 4x upside from IPO price

Crypto traders are betting that Unitree Robotics will be worth more than four times its IPO valuation when the Chinese robot maker debuts on the public markets. Unitree priced its Shanghai STAR Market offering at 150. 80 yuan ($22. 37) per share, valuing the company at roughly $9 billion.

Hyperliquid traders value Unitree at nearly $38 billion versus $9 billion at its IPO, leaving leveraged bets vulnerable when trading begins, Allium analysts said.

Summarised by Agaah from CoinDesk. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.