Gate Opens IPO Access for SpaceX Shares via USDT

Gate has launched IPO Access within its Gate Stocks product, allowing users to submit Expressions of Interest (EOIs) in USDT to subscribe for SpaceX shares before the company’s public listing. The SpaceX session requires a minimum commitment of 100 USDT and caps subscriptions at 500,000 USDT per user.

Under the EOI mechanism, users lock USDT for the EOI window. Allocation weights are calculated from each user’s average locked amount during that period. Higher average locked balances and earlier or longer participation increase a user’s allocation weight. Final allocations depend on the issuer’s allotment and the platform’s quota; users may receive a full allocation, a partial allocation, or no allocation at all. Allocation results will be distributed according to Gate’s platform rules.

Allocated shares are deposited directly into users’ Gate Stocks accounts after the IPO is completed. Once trading begins on secondary markets, those shares can be held or traded inside the same account. Gate positions the feature to let users move from pre-listing participation to secondary-market trading without cross-platform transfers.

Gate Stocks supports trading more than 10,000 U.S. stocks and ETFs using USDT and accesses major U.S. exchanges and liquidity networks, including the NYSE, Nasdaq, NYSE Arca, NYSE American and BATS. The service enables fractional-share trading with a minimum purchase of 0.01 shares. Gate notes that the stock trading feature requires App version 8.21.5 or later.

Gate was founded in 2013 by Dr. Han and reports serving over 54 million users globally. The company supports thousands of digital assets and stock assets and has implemented a 100% Proof of Reserves measure. Gate’s announcement includes a disclaimer that IPO Access is not an offer or investment recommendation and advises users to seek independent professional advice. Some services may be restricted in certain jurisdictions; users should consult Gate’s user agreement and the platform announcement for full terms and timelines.