Bitget opens non-public markets to retail customers with SpaceX-linked pre-IPO token and OTC buying and selling entry.
Crypto exchanges proceed to push into non-public market publicity by tokenization. A brand new product from Bitget brings pre-IPO entry nearer to retail customers. The providing facilities on artificial publicity tied to personal corporations moderately than direct fairness possession.
Bitget Rolls Out Subscription-Primarily based IPO Prime With SpaceX as First Asset
Bitget has rolled out IPO Prime, a new product providing tokenized publicity to corporations forward of public listings. The primary asset beneath this system is preSPAX, which tracks SpaceX’s financial efficiency.
The token is tied to SpaceX’s valuation on the Nasdaq Personal Market, the place non-public firm shares commerce. Customers acquire artificial publicity to cost actions, permitting participation in pre-IPO valuation shifts with out holding precise shares.
Introducing IPO Prime, your quickest gateway to international unicorn corporations earlier than they hit IPO.
preSPAX token sale can be launched at Bitget IPO Prime, powered by @joinrepublic.
Learn how to be part of:
🔹For VIPs: Unique airdrops (Apr 13-19)
🔹For all: Launch sale (Apr 18-21)Get in… pic.twitter.com/5bExE9RSAr
— Bitget (@bitget) April 10, 2026
IPO Prime operates by a subscription mannequin powered by Republic. Eligible customers can apply for allocations, with limits decided by account tier. Greater-tier customers obtain bigger allocation caps throughout the subscription section.
As soon as the subscription section concludes, the allotted tokens transfer to an over-the-counter market on Bitget. There, the tokens may be traded freely. The setup introduces liquidity to belongings which are usually locked till public itemizing occasions.
preSPAX Set for April 21 Launch, Airdrops to Precede Buying and selling
Based on the timeline, preSPAX is about to launch on April 21 at 12:00 UTC. In the meantime, the subscription window opens on April 18 at 18:00 UTC and closes on April 21 at 18:00 UTC. Distribution will then happen afterward launch day, between 18:00 and 22:00 UTC.
CEO of Bitget Gracy Chen acknowledged that the mannequin adjustments how traders entry early-stage progress alternatives. As well as, she famous that the construction expands participation past institutional gamers, providing retail merchants earlier entry into corporations resembling SpaceX.
Furthermore, Bitget may even supply two rounds of airdrops for eligible VIP customers forward of buying and selling. These incentives purpose to extend early participation and enhance preliminary market exercise.
Nonetheless, the corporate clarified that preSPAX doesn’t signify direct fairness possession in SpaceX. As an alternative, the token displays a mirrored financial curiosity tied to potential future liquidity occasions. Notably, SpaceX has neither endorsed nor approved the providing.