Bitget Opens IPO Prime, Brings Pre-IPO Access to Retail Users
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Bitget launched IPO Prime on its CEX to sell tokenized pre-IPO assets, debuting preSPAX (SpaceX-linked); subscription runs Apr 18 06:00 UTC–Apr 21 06:00 UTC, distribution Apr 21 06:00–10:00 UTC and spot trading from Apr 21 12:00 UTC. - Retail users subscribe with stablecoins and receive immediate post-allocation liquidity, creating a new token launch/fundraising and secondary market channel that could boost crypto adoption and tokenized assets on CEXs. - Crypto-specific risk: preSPAX tracks company performance so price exposure ties to SpaceX fundamentals and regulatory/security considerations despite improved access and liquidity.
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- Bitget opens IPO Prime, giving public access to pre-IPO tokens like preSPAX.
- Users subscribe with stablecoins and trade tokens immediately after allocation.
- preSPAX reflects company performance, offering early access with real-time liquidity.
Bitget Exchange has launched subscriptions for IPO Prime, a new platform to give everyday users access to pre-IPO opportunities through tokenized assets.
The move marks a new phase in how crypto platforms are blending traditional finance with digital markets. Notably, the first offering on the platform is preSPAX, a token linked to SpaceX.
Subscription Window and Trading Timeline
The subscription period for preSPAX runs from April 18, 2026, 06:00 UTC to April 21, 2026, 06:00 UTC. After that:
- Tokens will be distributed between 06:00 and 10:00 UTC on April 21
- Spot trading begins at 12:00 UTC the same day
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