It’s the same story of gaining access to SpaceX before its IPO, but each platform is approaching it very differently. Personally, I think Bitget is doing it quite “by the book” with IPO Prime (preSPAX).
Quick comparison of the three approaches:
1. Bitget IPO Prime (preSPAX)
Price around ~$650, in the form of a spot tokenized asset, issued by Republic (a legally structured issuer). Transparent structure, backed by underlying assets, and more accessible for retail users.
2. Gate
Lower price (~$590) but structured as a pre-market contract (derivatives) → more suited for short-term trading, with higher risk.
3. Binance Wallet
Tokenized on-chain via an SPV, but at a higher price (~$715) and with more fragmented liquidity.
Personal view:
* Pricing is relatively balanced within Tier-1 platforms
* Clearly structured product, easier for retail to understand
* Additional VIP Airdrop ~500K$ (preSPAX) – something extra to look forward to
And here’s the interesting part:
If SpaceX performs well when it eventually IPOs,
then narratives around pre-IPO assets like preSPAX could benefit as well.
Personally, I think: a lower price isn’t always better — what matters more is the product structure and execution. And with this IPO Prime, Bitget is trying to bring VC-like opportunities closer to retail users.
Anyone following the RWA or pre-IPO space should definitely do more research.