In June 2026, global capital markets witnessed a historic milestone. Commercial spaceflight giant SpaceX officially debuted on Nasdaq at $135 per share, raising $75 billion and reaching a market capitalization of $1.77 trillion. As a key driver of this process, Gate officially launched its "IPO Access" service on June 9, 2026, with SpaceX as the inaugural project.
Total subscription intent exceeded $143 million, with participation from more than 13,400 users. On its listing day, SPCX opened at $150 per share, up about 11% from the offering price, and reached an intraday high of $176.5.
SpaceX’s successful listing has prompted many users to ask: Besides SpaceX, does Gate’s IPO Access offer other products?
The answer is yes. Gate’s IPO Access is a platform-level service, with SpaceX as just the first project. More importantly, Gate has already built a comprehensive product matrix covering Pre-IPO subscriptions, structured wealth management, leveraged trading, and Web3 infrastructure and ecosystem services.
IPO Access: A Platform-Level Service Beyond SpaceX
Gate’s IPO Access is a pre-IPO stock subscription service designed to lower the barrier for users to participate in global high-profile IPOs. Through the Gate platform, users can directly take part in pre-listing subscription processes for target companies, receive corresponding shares after the company officially lists, and manage or trade those shares on Gate’s stock section.
The core value of this service lies in democratizing investment opportunities. Traditionally, IPO allocations have been dominated by institutional investors and high-net-worth individuals, leaving regular investors with little chance to obtain shares before listing. Gate’s IPO Access bridges traditional capital markets and the digital asset ecosystem, offering more users the chance to participate in top-tier IPO subscriptions.
Looking at the first SpaceX project, the minimum subscription amount was only 100 USDT, significantly lowering the entry threshold compared to traditional IPO channels. Participation from over 13,400 users demonstrates strong market demand for this model.
About future projects: IPO Access is an ongoing service. When the platform opens IPO projects for specific companies, users can submit subscription intents in USDT during the subscription window. 2026 is widely regarded as a "Super IPO Year," with unicorns like SpaceX, OpenAI, Anthropic, and Stripe all potential candidates for public offerings. Future IPO Access projects will roll out in line with market trends and company listing progress. Users can follow official Gate announcements for the latest updates.
Pre-IPO: Early Access to Pre-Listing Investment Opportunities
In addition to IPO Access, Gate has launched a Pre-IPO product line, allowing users to gain tokenized exposure to companies even earlier—before their official IPO.
The main difference between Pre-IPO and IPO Access lies in the stage of participation. IPO Access allows users to subscribe after a company has officially initiated the IPO process but before it lists. Pre-IPO, on the other hand, offers exposure via tokenized asset notes when a company has not yet filed for an IPO or is at an even earlier stage.
Take SpaceX as an example. In April 2026, Gate was the first to launch SpaceX (SPCX) Pre-IPO tokens. SPCX is a digital asset note that gives investors economic exposure to SpaceX’s pre-IPO valuation. The subscription price was 590 USDT per SPCX, with a total allocation of 33,900 SPCX tokens, representing a pool of around $20 million. Upon successful subscription, SPCX asset certificates were 100% unlocked, allowing immediate pre-market trading on the Gate platform.
It’s important to note that SPCX is a synthetic derivative and does not represent direct SpaceX equity. It tracks valuation changes, meaning there are no voting rights or dividends, and it carries market volatility risk.
Wealth Management: From Flexible Savings to Structured Yield Solutions
Gate’s wealth management suite offers a comprehensive range of products, from flexible savings to fixed-term and structured products.
Flexible savings allow users to deposit and withdraw at any time, with USDT annualized yields dynamically adjusted based on market conditions. Fixed-term savings offer various lock-up periods—7, 14, or 30 days—catering to both short- and mid-term investment needs.
Dual-currency investment is a distinctive structured product in Gate’s wealth management lineup. It’s based on two cryptocurrencies (such as BTC and USDT). Users subscribe with one asset, and at maturity, the system determines the payout currency based on the settlement price relative to a target price.
The key feature of dual-currency investment is "yield protection, not principal protection." Yield protection means users lock in an annualized rate at subscription, unaffected by subsequent market fluctuations. However, principal is not guaranteed—the final payout currency may change depending on market performance against the target price.
From a financial engineering perspective, dual-currency investment can be seen as a simplified options strategy. The "sell high" approach is akin to selling a call option, while the "buy low" strategy resembles selling a put option. Users earn premiums by selling short-term options through the platform, which forms the first layer of dual-currency investment returns. Funds are locked until maturity, and the yield from giving up liquidity is another component of returns.
Trading Products: Leveraged ETFs and Futures
Gate’s trading product suite covers the full spectrum from spot to derivatives.
Leveraged ETFs (Leveraged Tokens) are a major innovation in Gate’s trading lineup. Gate ETFs are essentially "leveraged tokens"—users don’t need to open a futures account or manage margin. They can simply buy or sell these tokens on the spot market to gain 3x or 5x leveraged exposure.
Each ETF token is backed by a perpetual contract position, with the system automatically maintaining the target leverage through daily rebalancing. As of April 9, 2026, Gate ETFs support nearly 320 select ETF trading pairs, covering over 328 tokens. The asset classes now extend beyond pure crypto and into traditional finance. In February 2026, monthly trading volume for Gate ETFs reached a record high of approximately $16.277 billion USDT.
The core advantage of leveraged ETFs is the "no liquidation" mechanism. Users don’t need to post margin, and their maximum loss is limited to their principal. However, "no liquidation" doesn’t mean "no loss"—the daily rebalancing mechanism can erode net asset value in volatile markets. Therefore, leveraged ETFs are better suited for short-term, strong-trend trading scenarios, not long-term holding.
Futures trading offers even greater leverage flexibility. Users can freely adjust leverage—anywhere from 2x up to 100x or more. This, however, requires robust risk management, including margin control, liquidation price monitoring, and funding rate management.
Web3 Ecosystem: Wallet, Staking, and Decentralized Services
Gate is evolving from a centralized exchange to a CeFi-DeFi hybrid platform.
The Gate Web3 Wallet is a decentralized, non-custodial wallet that aggregates multiple chains and works across mobile, web, and browser extension platforms. Users can participate in on-chain staking activities like DEX Bonus with just one click via the Gate Wallet.
ETH staking is a key product in the Gate Web3 ecosystem. After Ethereum’s "Merge" upgrade, the consensus mechanism fully transitioned from PoW to PoS. As of June 30, 2026, total ETH staked on Ethereum exceeded 39.5 million, with the staking rate surpassing 32% of total supply.
Gate’s ETH staking integrates all technical aspects—node operation, yield distribution, and risk monitoring—within the platform. Users can participate with as little as 0.01 ETH. According to data from the Gate ETH mining page as of June 30, 2026, the platform had 186,200 ETH staked, with a reference annualized yield of 4.15%. The base annualized yield is about 2.65%, with additional rewards tiered based on staking volume.
Ecosystem Services: Startup and NFT Platform
Since 2019, Gate Startup (Launchpad) has launched over 406 IEOs, achieving a 95% success rate. The platform continues to deliver value to the community through HODLer airdrops, pilot listings, and other initiatives.
The Gate NFT platform allows artists and creators to mint NFTs for free. Gate has also integrated the prediction market platform Polymarket, becoming the first centralized exchange to offer this service.
Summary
From a product perspective, Gate has built a comprehensive ecosystem that goes far beyond a single IPO service:
- IPO-related product line: IPO Access (pre-listing subscription) and Pre-IPO (earlier tokenized exposure) form a dual structure. SpaceX is the inaugural project, with future projects rolling out in line with market trends.
- Wealth management line: From flexible and fixed-term savings to dual-currency structured products, Gate covers a range of risk appetites and investment horizons.
- Trading product line: Leveraged ETFs offer a liquidation-free leveraged trading experience, while futures trading provides greater leverage flexibility.
- Web3 product line: The Web3 wallet, ETH staking, and related products form a complete bridge from CeFi to DeFi.
- Ecosystem services: The Startup launchpad and NFT platform further enrich the platform’s use cases.
Gate’s IPO Access is a platform-level service, and SpaceX is only the beginning. As the "Super IPO Year" of 2026 unfolds, Gate’s product matrix will continue to expand, offering users a full spectrum of investment tools spanning both traditional and digital assets.
Frequently Asked Questions (FAQ)
Q: Will Gate’s IPO Access offer other companies besides SpaceX?
Yes. IPO Access is an ongoing, platform-level service, and SpaceX is just the first project. When the platform opens IPO projects for specific companies, users can submit subscription intents during the subscription window. For specific project details, please refer to official Gate announcements.
Q: What’s the difference between Pre-IPO and IPO Access?
Pre-IPO offers tokenized exposure to a company’s valuation before it has officially filed for an IPO or is at an earlier stage. IPO Access allows participation after the company has formally initiated the IPO process but before listing. The former occurs earlier and carries higher risk; the latter is closer to the actual listing date.
Q: What are the risks of Gate’s dual-currency investment?
Dual-currency investment offers "yield protection, not principal protection." Yield is locked in, but the final payout currency may change. For example, if you invest BTC and choose the sell-high strategy, and the settlement price is below the target at maturity, you’ll still hold BTC instead of receiving USDT. This change in asset form may lead to fluctuations in your portfolio’s value.
Q: Which is more suitable for regular investors: Gate’s leveraged ETFs or futures trading?
Leveraged ETFs require no margin management and have no liquidation risk. They trade like spot tokens, making them more suitable for regular investors. However, leveraged ETFs can suffer net value erosion in volatile markets, so they’re better for short-term trading. Futures trading offers higher leverage flexibility but requires stronger risk management skills.
Q: What is the minimum threshold for Gate’s ETH staking?
You can participate with as little as 0.01 ETH. The platform handles all technical details, including node operation, yield distribution, and risk monitoring. As of June 30, 2026, the comprehensive annualized yield for small-scale staking (0 to 1 ETH) was approximately 4.15%.
