TechFlow News: On April 15, Gracy Chen, CEO of Bitget, announced that Bitget’s IPO Prime product—developed jointly with Republic—offers four core advantages: (1) Underlying assets: Real SpaceX equity is held via a Special Purpose Vehicle (SPV) and tokenized; Bitget acts as the participating party providing redemption guarantees for the tokens. (2) Compliance: Republic maintains a comprehensive compliance framework and extensive experience in Pre-IPO offerings. (3) Participation method: Supports both primary-market subscriptions and secondary-market trading, enabling users to acquire tokens at lower prices. (4) Liquidity: The $preSPAX allocation has an estimated market value of approximately $60 million, delivering an enhanced trading experience.
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