BitMart Delivers SpaceX Allocations to Every IPOPrime Subscriber
BitMart has secured a primary allocation of SpaceX (SPCX) tokens and distributed them to every subscriber of its IPOPrime service. This means that every user who participated in the initial offering received a share, with an average fill rate of around 40%. The tokens are now tradable on BitMart's secondary market at real Nasdaq prices.
Nenter Chow, Global CEO of BitMart, stated that 'access is the whole game' when demand outruns supply. By securing a primary allocation and distributing it to subscribers, BitMart ensured that every user got a share, rather than moving to refund participants in full like some other platforms.
bSPCX represents tokenized interests in a fund that holds real SpaceX equity, sourced via leading investment bank allocations. This is not an offer to purchase equity in SpaceX, Inc., and BitMart is not affiliated with or endorsed by the company.