SpaceX whispers of a $2 trillion IPO have Bitget rushing out a proxy token for retail punters. Here's why this 'universal exchange' push smells more like desperation than destiny.
theAIcatchupApr 10, 20264 min read
⚡ Key Takeaways
Bitget's preSPAX offers no real SpaceX shares, just tokenized hype amid $2T IPO rumors.𝕏
Crypto exchanges are flooding with TradFi products to combat winter blues, but history warns of busts.𝕏
VIP perks and fees favor platforms over retail; expect regulatory heat soon.𝕏
The 60-Second TL;DR
Bitget's preSPAX offers no real SpaceX shares, just tokenized hype amid $2T IPO rumors.
Crypto exchanges are flooding with TradFi products to combat winter blues, but history warns of busts.
VIP perks and fees favor platforms over retail; expect regulatory heat soon.