Bitget opens Pre-IPO Zone with preSPAX spot trading to track SpaceX post-IPO performance

Bitget opens Pre-IPO Zone with preSPAX spot trading to track SpaceX post-IPO performance
Bitget lists preSPAX token in pre-IPO zone

Bitget has announced the spot market listing of preSPAX, a token designed to track SpaceX's post-IPO economic performance, as part of the launch of a new Pre‑IPO Zone. The token will be available for trading against USDT beginning April 21, 2026, and does not represent actual equity or ownership in SpaceX.

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Bitget has introduced the spot market listing of preSPAX, a token issued by Republic intended to track SpaceX’s post-IPO economic performance. The token, which does not represent actual equity or ownership in SpaceX and is not endorsed by SpaceX, will be available for trading against USDT in Bitget’s newly created Pre‑IPO Zone starting April 21, 2026. According to the broker’s announcement, preSPAX is transitioning from an OTC model to spot trading to enhance liquidity and access for traders. Zero-fee conversions via Bitget Convert will be supported shortly after trading opens, and the listing is accompanied by disclaimers noting that the product does not confer equity rights, carries substantial risks, and could result in full loss of funds.

Bitget is a cryptocurrency exchange that offers trading in spot, futures, and various crypto instruments, with trading available through a web platform and mobile app. Key features include demo accounts, a wide selection of cryptocurrencies for deposits, trade copying services, and the ability to use bonus credits for commission reduction. Further details can be found in the broker profile on Traders Union.

For context, our earlier news about Bitget covered the launch of their Onchain Momentum Consensus Challenge Vol.1, a trading event offering rewards for top participants. For more details, see the previous Bitget update on Traders Union.

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