The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookies to improve your experience and serve personalized ads.

By clicking Accept, you consent to our use of advertising cookies. See our Privacy Policy for details.

CryptoMediumUpdated•Originally published 13 April 2026•Updated 13 April 2026•

1 min read

Bitget Launches IPO Prime Market with SpaceX-Linked Token preSPAX

Digital illustration of cryptocurrency market downturn with a large Ethereum coin, Bitcoin and Solana logos, multiple charts showing losses, a red downward arrow, and scattered crypto coins.

Key Facts

1Bitget launched IPO Prime, a subscription-based market for tokenized pre-IPO allocations.

about 2 months ago

Version History

2 additional sources confirmed this story

Version 1about 2 months ago

What changed: The story was updated to include the official launch date of April 13, 2026, the launch location in Seychelles, and Bitget's new branding as a Universal Exchange (UEX).

Bitget, positioning itself as the world's largest Universal Exchange (UEX), officially launched its IPO Prime platform in Victoria, Seychelles, on April 13, 2026. This subscription-based marketplace debut features the preSPAX token, issued by Republic, which tracks the post-IPO performance of Elon Musk’s aerospace giant, SpaceX. While the token offers synthetic exposure to the company's value, it does not grant direct equity ownership or voting rights to holders. This initiative aims to democratize access to high-value private companies, a sector traditionally reserved for institutional investors, as SpaceX targets a valuation of up to $1.75 trillion. The development highlights the growing trend of Real World Asset (RWA) tokenization within the cryptocurrency ecosystem.