Cryptopolitan 2026-04-21 07:10:00

Bitget launches IPO Prime with first offering preSPAX linked to SpaceX

Bitget, the world’s largest Universal Exchange (UEX), opened subscription for IPO Prime, marking the next phase of its pre-IPO access platform as users begin participating in its first offering, preSPAX. The subscription window runs from April 18, 2026, 06:00 to April 21, 2026, 06:00 (UTC), followed by token distribution between April 21, 2026, 06:00 and 10:00 (UTC). Spot trading for preSPAX will commence at 12:00 (UTC) on April 21, enabling continuous market participation immediately after allocation. What makes IPO Prime different? IPO Prime is designed to provide structured access to pre-IPO opportunities through tokenized instruments that reflect the economic performance of underlying companies after listing. The first asset, preSPAX, is linked to SpaceX, offering users exposure to one of the most closely followed private companies globally. Participation is conducted through a subscription-based model, where users commit capital in stablecoins and receive proportional allocations based on total demand. This replaces fixed allocation models with a transparent mechanism that adjusts dynamically to participation levels. What distinguishes IPO Prime is the integration of early access with immediate liquidity. Once distribution is completed, preSPAX becomes tradable in a spot market, allowing users to enter, exit, or adjust positions ahead of a public listing event. This structure introduces continuous price discovery at a stage where traditional pre-IPO investments are typically locked. Bitget provides broader access “Early access has always been limited, but it’s not just about getting in early,” said Gracy Chen, CEO of Bitget. “It’s also about what you can do after that. Giving users the ability to act and adjust in real time changes how these opportunities are approached.” Assets listed on IPO Prime are issued through our compliant partner, Republic, and are designed to track economic outcomes rather than represent direct equity ownership. This framework enables broader participation while maintaining a structured approach to exposure. Within Bitget’s Universal Exchange model, IPO Prime reflects a broader shift in how trading environments are being designed. As users increasingly look to manage capital across multiple asset classes and stages of the market cycle, the ability to access early-stage opportunities alongside liquid markets within a single system is becoming more relevant. By extending its infrastructure to support both participation and trading in one place, Bitget continues to evolve UEX as a more complete environment for navigating global markets.

Most Read News

Iran’s Crypto Lifeline Hit As US Freezes $344...
2026-04-25
Five Major DeFi Protocols Ask Arbitrum DAO to...
2026-04-25
Chainlink sees sustained whale demand: Will L...
2026-04-25
Binance to address Kenyans' frustrations over...
2026-04-25
XRP Price at Historical Green Zone, Analyst C...
2026-04-25
Elon Musk’s Grok Most Likely Among Top AI Mod...
2026-04-25
THORChain is being flagged as a key route for...
2026-04-25
Crypto is built for AI agents, not humans, sa...
2026-04-25

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.