Bitget and Republic, via Republic International Cayman, have partnered on a new service called IPO Prime. The collaboration enables access to tokenized shares in pre-IPO firms.
First on the list is an offering referencing SpaceX shares, a company expected to float on a US exchange soon.
“preSPAX” digital assets are being issued using Solana to track the economic performance of SpaceX shares.
Founded in 2018, BitGet is a centralized exchange that aims to support crypto and tokenized assets. BitGet is based in Singapore but is also registered in the Seychelles. Earlier this year, BitGet announced its EU headquarters in Austria after becoming regulated under the EU crypto rules, the Markets in Crypto Assets Regulation (MiCA). BitGet is also regulated in other jurisdictions.
For investors using IPO Prime, BitGet is expected to enable secondary liquidity via BitGet’s platform.
If you are based in the US and are interested in the preSPAX offering, sorry. US investors are not eligible to participate. That said, Republic has already provided access to SpaceX-referenced investment through its rSpaceX offering via its Mirror Tokens initiative.
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