After Gate’s direct IPO initial offering of SpaceX, what other products on the platform are worth paying attention to?

In June 2026, global capital markets witnessed a historic moment. Commercial space giant SpaceX officially listed on Nasdaq at $135 per share, raising $75 billion and achieving a market cap of $1.77 trillion. As a key driver of this process, Gate officially launched its "IPO Access" service on June 9, 2026, with the first project locked in SpaceX.

Ultimately, the cumulative intent to subscribe exceeded $143 million, with over 13.4k participants. On the listing day of SPCX, the opening price was $150, an increase of about 11% from the offering price, with an intraday high of $176.5.

The successful launch of SpaceX led many users to ask one question: Besides SpaceX, does Gate IPO Access offer other products?

The answer is yes. Gate IPO Access is a platform-level service, and SpaceX is just the first project. More importantly, Gate has built a comprehensive product matrix covering Pre-IPO subscriptions, structured wealth management, leveraged trading, Web3 infrastructure, and ecosystem services.

IPO Access: A Platform-Level Service Beyond SpaceX

Gate IPO Access is a pre-listing stock subscription service designed to lower the barrier for users to participate in global hot IPOs. Users can directly subscribe to target companies before their official listing through the Gate platform, receive corresponding stock shares after the company officially lists, and hold and trade them via the Gate stock section.

The core value of this service lies in democratizing investment opportunities. Traditional IPO subscriptions have long been dominated by institutional investors and high-net-worth individuals, making it nearly impossible for ordinary investors to get allocated shares before a company goes public. Gate IPO Access connects traditional capital markets with the digital asset ecosystem through digital means, allowing more users the opportunity to participate in top-tier company IPOs.

From the actual operation of the first SpaceX project, the minimum intent to subscribe amount was only 100 USDT, far lower than the entry barrier of traditional IPO channels. The participation of over 13.4k people validates the market demand for this model.

Regarding future projects: Gate IPO Access is an ongoing service. When the platform opens IPO projects for specific companies, users can submit subscription intents using USDT during the subscription period. 2026 is widely regarded as a "super IPO year," with unicorns like SpaceX, OpenAI, Anthropic, and Stripe potentially launching public offerings. Subsequent projects under Gate IPO Access will be rolled out according to market rhythm and companies' listing schedules. Users can get the latest information from Gate's official announcements.

Pre-IPO: Early Access to Pre-Listing Investment Opportunities

Beyond IPO Access, Gate also offers a Pre-IPO product line that allows users to gain tokenized exposure to companies even earlier, before their official IPO.

The core difference between Pre-IPO and IPO Access lies in the participation stage. IPO Access involves subscribing after a company officially initiates the IPO process but before listing; Pre-IPO involves gaining economic exposure to a company's valuation through tokenized asset notes when the company has not yet formally filed for an IPO or is at an earlier stage.

Using SpaceX as an example, Gate launched the SpaceX (SPCX) Pre-IPO token in April 2026. 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 quota of 33,900 SPCX tokens, corresponding to a total pool of approximately $20 million. After a successful subscription, the SPCX asset certificate is 100% unlocked, allowing immediate pre-market trading on the Gate platform.

It should be noted that SPCX is a synthetic derivative and does not represent direct ownership of SpaceX equity. It tracks valuation changes, meaning no voting rights, no dividends, and market volatility risk.

Wealth Management Products: A Complete Yield System from Demand to Structured Products

Gate Wealth Management offers a comprehensive yield system ranging from demand deposits, time deposits, to structured products.

Demand deposits support flexible deposits and withdrawals, with USDT annualized yields dynamically adjusted based on market conditions. Time deposits offer lock-up periods such as 7 days, 14 days, and 30 days, covering both short-term and medium-term wealth management needs.

Dual Investment is a unique structured product within Gate's wealth management suite. It is designed based on two cryptocurrencies (e.g., BTC and USDT). Users can subscribe using one of the currencies, and the system will automatically determine the repayment currency at maturity based on the comparison between the settlement price and the target price.

The core feature of Dual Investment can be summarized as "guaranteed yield but not principal." The guaranteed yield means that users lock in the annualized rate at the time of subscription, which is not affected by subsequent market fluctuations. The non-guaranteed principal means that the final settlement currency may change based on the performance of the market price relative to the target price.

From a financial structure perspective, Dual Investment can be understood as a simplified combination of option strategies. The high-sell strategy is akin to selling a call option, and the low-buy strategy is akin to selling a put option. Users sell short-term options on the platform to receive premiums, which constitute the first layer of Dual Investment returns. Funds are locked until maturity, and the concession of liquidity itself also forms part of the returns.

Trading Products: Leveraged ETFs and Futures Trading

Gate's trading product system covers the entire spectrum from spot to derivatives.

Leveraged ETFs (Leveraged Tokens) are a key innovation in Gate's trading products. Gate ETFs are essentially "leveraged tokens." Users do not need to open a futures account or manage margin; they can simply buy and sell these tokens in the spot market like regular tokens to gain 3x or 5x leveraged exposure.

Each ETF token corresponds to a perpetual contract position, with the system automatically maintaining the target leverage multiple through a daily rebalancing mechanism. As of April 9, 2026, Gate ETF supports nearly 320 selected ETF trading pairs, covering over 328 tokens, with asset categories extending beyond pure cryptocurrency into traditional finance. The monthly total trading volume of Gate ETFs reached approximately 17.7k USDT in February 2026, hitting a record high.

The core advantage of leveraged ETFs lies in the "no liquidation" mechanism. Users do not need to deposit margin, and the maximum loss is the principal invested. However, no liquidation does not mean no loss—the underlying daily rebalancing mechanism of ETFs will continuously erode net value in sideways markets. Therefore, leveraged ETFs are more suitable for short-term, strong-trend trading scenarios rather than long-term holding.

Futures trading offers greater leverage flexibility. Users can freely adjust leverage multiples—from 2x to 100x or even higher. However, this correspondingly requires stronger risk control capabilities, including margin management, liquidation price monitoring, and funding rate management.

Web3 Ecosystem: Wallet, Staking, and Decentralized Services

Gate is evolving from a centralized exchange toward a CeFi-DeFi convergence direction.

Gate Web3 Wallet is a multi-chain aggregated, cross-terminal (mobile, web, browser extension) decentralized non-custodial wallet. Users can participate in on-chain staking activities such as DEX Bonus with one click through the Gate wallet.

ETH Staking Mining is an important 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, the total amount of ETH staked on the Ethereum network exceeded 39.5 million, with the staking rate surpassing 32% of the total supply.

Gate ETH Staking Mining integrates all technical details such as node operation, yield distribution, and risk monitoring into the platform. Users can participate in staking with as little as 0.01 ETH. According to data from the Gate ETH Mining page as of June 30, 2026, the platform's ETH mining volume was 186.2k ETH, with a reference annualized yield of 4.15%. The base annualized yield is approximately 2.65%, with additional rewards calculated in tiers based on staking amount.

Ecosystem Services: Startup and NFT Platform

Gate Startup (Launchpad) has launched over 406 IEOs since 2019, with a success rate of 95%. The platform continuously provides value to the community through HODLer airdrops, pilot listings, and more.

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 integrate this service.

Summary

From a product perspective, Gate has built a complete ecosystem far beyond a single IPO service:

• IPO-related product lines: IPO Access (subscription before official listing) and Pre-IPO (earlier tokenized exposure) form a two-tier structure. SpaceX is the first project, with subsequent projects to be launched according to market rhythm.
• Wealth management product lines: From demand deposits, time deposits to structured products like Dual Investment, covering different risk preferences and capital term needs.
• Trading product lines: Leveraged ETFs offer a no-liquidation leveraged trading experience, while futures trading provides greater leverage flexibility.
• Web3 product lines: Web3 wallet, ETH staking mining, and other products form a complete bridge from CeFi to DeFi.
• Ecosystem service lines: The Startup launch platform and NFT platform further enrich the application scenarios of the platform.

Gate IPO Access is a platform-level service, and SpaceX is just the starting point. As the "super IPO year" of 2026 progresses, Gate's product matrix will continue to expand, providing users with comprehensive investment tools from traditional assets to digital assets.

Frequently Asked Questions (FAQ)

Q: Will Gate IPO Access list other companies besides SpaceX?

Yes. Gate IPO Access is an ongoing platform-level service, and SpaceX is the first project. When the platform opens IPO projects for specific companies, users can submit subscription intents during the subscription period. Please refer to Gate's official announcements for specific project information.

Q: What is the difference between Pre-IPO and IPO Access?

Pre-IPO allows users to gain economic exposure to a company's valuation through tokenized asset notes when the company has not yet formally filed for an IPO or is at an earlier stage. IPO Access involves subscribing after the company officially initiates the IPO process but before listing. The former is earlier and riskier, while the latter is closer to the actual listing time.

Q: What are the risks of Gate Dual Investment?

Dual Investment "guarantees yield but not principal." The guaranteed yield means the rate is locked, while the non-guaranteed principal means the final settlement currency may change. If a user invests BTC and chooses the high-sell strategy, and the settlement price is below the target price at maturity, the user will still hold BTC instead of receiving USDT. This change in asset form may lead to fluctuations in book value.

Q: Which is more suitable for ordinary investors: Gate leveraged ETFs or futures trading?

Leveraged ETFs do not require margin management and have no liquidation risk. They operate like spot trading and are more suitable for ordinary investors. However, leveraged ETFs have net value erosion in sideways markets and are suitable for short-term trading. Futures trading offers higher leverage flexibility but requires stronger risk control capabilities.

Q: What is the minimum threshold for Gate ETH staking?

As little as 0.01 ETH is required to participate. The platform handles all technical details including node operation, yield distribution, and risk monitoring. According to data as of June 30, 2026, small staking (0 to 1 ETH range) has a comprehensive annualized yield of approximately 4.15%.