BitMart Delivers SpaceX Shares to All IPOPrime Subscribers
BitMart has secured a primary allocation of SpaceX's (SPCX) equity and delivered a share to every participant in its IPOPrime program. The tokenized fund interest linked to SPCX, called bSPCX, is now tradable on BitMart's secondary market at real Nasdaq prices.
Unlike many other platforms that refunded users in full after failing to secure an allocation, BitMart managed to fill ~40% of every subscriber's commitment. The remaining unfilled balance was returned to participants.
'When demand outruns supply, access is the whole game,' said Nenter Chow, Global CEO of BitMart. 'We secured our allocation and made sure every subscriber got a share - and with no lock-up, they can act on it today, not six months from now.'