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Bitget Launches IPO Prime's First Project SpaceX
Svmuu News Bitget has officially launched the first project, SpaceX, on its IPO Prime platform. The project utilizes a comprehensive RWA on-chain solution provided by Republic, with an independent SPV holding SpaceX equity and tokenizing the rights. The total subscription pool for this offering is approximately $60 million, priced at $650 per share. After the subscription period ends, users can exit via the platform's P2P OTC trading or hold until six months after SpaceX's IPO, at which point Bitget will redeem the shares at the prevailing market price. If the IPO is canceled, the agreement clearly outlines the corresponding redemption process and price details. Bitget, acting as the administrative agent for the third-party issuer, is responsible for safeguarding user rights.
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