Bitget Opens IPO Prime for Subscription, Unlocking Pre-IPO to the Masses

Victoria, Seychelles, April 20, 2026 — 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.

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.

“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.

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About Bitget

Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.

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