Bitget said it has completed the preSPAX token split and rebranding to preSPCX. Under the 1:5 split, each preSPAX token becomes five preSPCX tokens, and the post-split market price of each preSPCX token will be adjusted to about one-fifth of the price at the time of preSPAX delisting. The exchange said preSPCX/USDT will launch on May 28, 2026 at 09:00 UTC and warned that the large adjustment in holdings and pricing could lead to heightened volatility and short-term liquidity fluctuations in early trading.