TechFlow News, April 13: Today, Bitget partnered with media outlet Lü Dong to host an online livestream titled “Dialogue with Bitget Executives: A Comprehensive Breakdown of the SpaceX Entry Ticket—from Capital Privilege to Universal Access.” The event provided a systematic explanation of the product mechanisms behind IPO Prime and preSPAX. Ken, Head of Bitget’s IPO Prime product, stated that IPO Prime is not a conventional “token listing and subscription” service; rather, it leverages digital tokens issued by the regulated platform Republic to transform non-standard, high-barrier, low-liquidity primary-market assets into digitized products that are priceable, tradable, and exitable.
Ken noted that Pre-IPO opportunities have long been scarce—not only due to the high quality of underlying assets but also because primary markets inherently suffer from high entry barriers, strong network effects, and low liquidity. Bitget launched IPO Prime precisely to enable users—within a compliant regulatory framework and through clearer product design and trading mechanisms—to gain earlier exposure to potential economic returns ahead of unicorn companies’ public listings. The first offering, preSPAX, represents a key initiative in this direction, with its core objective being to provide users with a more flexible and tradable participation pathway.
He further explained that Bitget has consistently expanded the boundaries of trading—from cryptocurrency exchanges to UEX, and now extending into the primary market. Looking ahead, the platform aims not merely to list more assets, but to bridge previously fragmented opportunity structures across different markets, enabling users to access earlier-stage, higher-quality, and more diversified global asset opportunities within a unified ecosystem.
