Bitget has introduced a new product expanding early-stage market access, with SpaceX selected as the first base asset in its IPO Prime offering. The move establishes a model that allows users to access private companies before they go public.
Bitget IPO Prime Introduces Pre-IPO Access
The IPO Prime model functions on a subscription basis, with approved users requesting for allocations based on their account status. Higher-tier users receive larger allocation limits. After the subscription phase ends, the allocated assets move into a structured OTC market within Bitget, allowing continuous trading and pricing.
The first product under this framework is preSPAX, which measures SpaceX’s economic performance following a possible SpaceX public listing. However, the asset does not represent equity ownership but mirrors potential upside tied to a qualifying event.
According to Bitget, the launch extends its Universal Exchange model into primary market access. This model combines multiple asset classes into a single platform, including crypto tokens, tokenized stocks, and other financial instruments.
PreSPAX Rollout Timeline Sets Airdrops Launch and Distribution Phases
The preSPAX rollout, according to an X post, includes multiple scheduled phases. Bitget will distribute two rounds of airdrops to eligible VIP users on April 13, 2026. The official token launch is set for April 21, 2026, with a commitment window running from April 18 to April 21.
Following the pledge phase, distribution will take place within a four-hour window on April 21. These timelines specify how users access and trade the asset from subscription to secondary circulation. In addition, Bitget stated that the product predicts only SpaceX’s economic performance and does not constitute a direct investment.
The company also clarified that SpaceX has not endorsed or authorized the offering. This follows a previous announcement where Bitget rolled out AI-driven trading accounts as part of a shift toward automation, strengthening its move into agent-native market structures.
Bitget Expands Broader Market Access Strategy
The IPO Prime launch follows a separate initiative introduced earlier, where Bitget rolled out a VIP Fast Track Program. That program focused on accelerating user progression through VIP tiers based on trading activity and account holdings.
The Fast Track Program gives users different incentives depending on user behavior. According to the press release, futures traders can earn up to 300 USDT in vouchers, while spot traders may receive fee rebates of up to 120 USDT. Users holding assets can access yield boosters reaching 7% in USDT.
Additionally, Bitget introduced a VIP dashboard that permits real-time tracking of user status. The dashboard specifies requirements for advancing to higher tiers and details benefits, such as reduced fees and access to unique bonuses.
