Bitget CEO: The advantages of Bitget IPO Prime include clearly defined underlying assets and compliant issuance, among others
Svmuu News: Bitget CEO Gracy Chen posted an update explaining that the IPO Prime product, launched by Bitget in collaboration with Republic, offers four key advantages: Regarding the underlying assets, genuine SpaceX equity is held through an SPV and tokenized, with Bitget acting as a participant to provide a backstop for token redemption; Regarding compliance, Republic possesses a comprehensive compliance framework and extensive experience in pre-IPO offerings; Regarding participation methods, the product supports both primary market subscriptions and secondary market trading, allowing users to acquire tokens at lower prices; Regarding liquidity, preSPAX has a market capitalization of approximately $60 million, significantly higher than the $5 million market cap typical of similar products, offering a superior trading experience.
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