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Bitget announced the listing of preSPAX, a tokenized derivative linked to SpaceX’s post-IPO economic performance, on its platform with trading scheduled to begin on April 21, 2026 in the Pre-IPO Zone.
Bitget has introduced preSPAX on its IPO Prime platform as the inaugural tokenized derivative tied to SpaceX’s post-IPO economic performance, with trading set to begin in the Pre-IPO Zone on April 21, 2026. According to the official announcement, preSPAX is not an equity instrument and has no affiliation with SpaceX; it is a derivative intended to provide liquidity and flexible trading through a spot-market listing, including a no-fee conversion option to select cryptocurrencies shortly after trading starts. The broker also warns of significant risks associated with volatility and clarifies that preSPAX does not confer ownership or endorsement from SpaceX.
Bitget is a crypto exchange providing spot and futures trading on its proprietary web and mobile platforms, supporting a range of cryptocurrencies such as BTC, ETH, LTC, and USDT. Key features include lower futures trading fees, availability of demo accounts, algorithmic trading options, and services for copying trades. More details can be found in the broker profile on Traders Union.
In our earlier news about Bitget, we reported on the launch of the TraderPro Challenge, a demo multi-asset trading competition offering participants the chance to trade crypto, stocks, and precious metals for rewards. For more details, see the previous Bitget update on Traders Union.