Gate Pre-IPOs Debut Project SpaceX (SPCX) Now Live: Subscriptions Open in USDT/GUSD with 100% Unlock Distribution

Gate, a number one world digital asset buying and selling platform, has introduced the launch of its first Pre-IPOs offering, featuring SpaceX (SPCX). Pre-IPOs is a digital subscription framework launched by Gate, facilitating customers to put out plans in advance and monitor the worth of goal enterprises earlier than they enter the open market, to grab the alternatives introduced by the enterprise IPOs with out cumbersome account opening or high capital thresholds.

The subscription for SpaceX (SPCX) might be open from April 20, 2026, 10:00 to April 22, 2026, 10:00 (UTC), with assist for each USDT and GUSD. Upon completion of the subscription, the SPCX asset notice might be distributed by May 6, 10:00 (UTC), and made out there for pre-market buying and selling on the platform with full unlock.

The SPCX asset notice is a Mirror Note issued earlier than the SpaceX IPO, designed to trace and mirror the market worth of SpaceX each earlier than and after its public itemizing. It is structured as a “Contingent Payout Note”. By buying SpaceX inventory publicity in the market to hedge its place, Gate gives customers with varied exit methods or long-term holding choices that align with the honest market worth of the goal enterprise. The whole subscription allocation for this providing is 33,900 SPCX, representing an approximate whole worth of $20.001 million. The subscription worth of 1 SPCX is $590, implying a valuation of roughly $1.4 trillion.

In phrases of allocation methodology, the Pre-IPOs mechanism adopts an “hourly common locked quantity” mannequin. Users who take part earlier and preserve longer lock-up durations obtain a better allocation weighting in the general subscription. After the subscription interval, SPCX will assist 7×24 pre-market buying and selling, offering a versatile switch and exit mechanism; customers can exit both by means of the unique web page on the real-time market worth of the inventory earlier than the lock-up interval, or select to exit by means of the pre-market at an applicable worth. In addition, the minimal participation threshold for this subscription is simply 100 USDT, with no asset administration charges, fee charges, or different fees.

In parallel, Gate is introducing a VIP-exclusive airdrop marketing campaign, granting VIP 5 or above customers and Affiliate Ultras to obtain SPCX rewards and extra free airdrops.

As digital asset platforms proceed to broaden towards multi-asset and cross-market integration, the launch of Pre-IPOs and the introduction of SpaceX (SPCX) characterize an extension of Gate’s product framework. The initiative displays ongoing efforts to attach digital asset markets with conventional capital markets. Going ahead, the platform plans to broaden the vary of underlying belongings and product codecs to assist broader market entry.

Learn extra: https://www.gate.com/announcements/article/50724

About Gate

Gate, based in 2013 by Dr. Han, is without doubt one of the world’s earliest cryptocurrency exchanges. The platform serves over 51 million customers with 4,500+ digital belongings and pioneered the business’s first 100% proof-of-reserves. Beyond core buying and selling companies, Gate’s ecosystem contains Gate Wallet, Gate Ventures, Gate for AI, and different revolutionary options.

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Disclaimer:

This content material doesn’t represent a proposal, solicitation, or advice. You ought to all the time search impartial skilled recommendation earlier than making funding selections. Gate might limit or prohibit sure companies in particular jurisdictions. For extra data, please learn the User Agreement. 

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