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Gate launches IPO Access with SpaceX offering and June 12 share distribution

Gate said its first Direct IPO project is now live for SpaceX, with USDT-only subscriptions ranging from 100 USDT to 500,000 USDT and share distribution scheduled for June 12.

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Summary

Gate said its IPO Access service is now live with its first Direct IPO project for SpaceX, allowing users to submit subscription interest on the platform and receive spot shares after listing. The offer supports USDT only, with a minimum subscription amount of 100 USDT and a maximum of 500,000 USDT. Successful allocations are scheduled to be distributed to Gate stock accounts on June 12. Subscriptions are handled through Gate’s IPOs section under a weighted allocation mechanism, which typically apportions available shares based on each participant’s subscription weight.

Terms & Concepts
  • Direct IPO project: A platform offering that lets users submit interest for shares before listing and receive shares afterward if allocated.
  • spot shares: Actual shares credited after listing rather than a derivative or synthetic exposure.
  • weighted allocation mechanism: A method that distributes available shares based on each participant’s subscription weight.