Bitget CEO: IPO Prime product outperforms peer Pre-IPO assets
According to a post by Bitget CEO Gracy Chen, Bitget’s IPO Prime product—launched in partnership with Republic—offers four core advantages:
- Underlying Assets: Real SpaceX equity is held via an SPV and tokenized; Bitget, as a participating party, guarantees token redemption.
- Compliance: Republic maintains a comprehensive compliance framework and extensive Pre-IPO issuance experience.
- Participation Method: Supports both primary-market subscription and secondary-market trading, enabling users to acquire tokens at lower prices.
- Liquidity: The $preSPAX allocation has a market value of approximately $60 million, delivering an enhanced trading experience.