Bitget Wallet's Tokenized SpaceX IPO Sells Out in 30 Minutes Raising $13M

Bitget Wallet's tokenized SpaceX IPO on the Solana blockchain sold out in just 30 minutes, raising $13 million. The initial allocation of $3 million was filled within minutes, prompting Bitget to expand the offering to $13 million due to quadrupled demand.

The subscription opened on June 9 with an initial $3 million allocation, which was fully committed within minutes. Users could participate with as little as $10 and no account tier or status requirements were attached to eligibility.

Bitget Wallet's Chief Operating Officer Alvin Kan said the rapid sellout reflected demand from crypto-native investors seeking direct access to capital market opportunities without relying on traditional intermediaries.