Onchain Marketcap$75.82m
Active Marketcap$56.94m
DeFi Active TVL$0
preSPCX Price$159.71
Chains1
Token Properties
CategoryStocks & Equities
Asset ClassStructured Note
TypeAsset
RWA ClassificationRWA
Access ModelPermissioned
Parent PlatformRepublic
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
KYC to Mint or RedeemIndicates whether minting or redeeming the token through the issuer or primary market requires KYC/AML verification (KYC/KYB/onboarding)
KYC/Allowlisted/Whitelisted to Transfer/HoldIndicates whether holding or transferring the token requires prior verification or allowlisting/whitelisting (issuer or transfer-agent permissioning), enforced at the token, contract, or venue level
CEX ListedIndicates whether the token is listed on a centralized exchange
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Issuer Information
IssuerRepublic International Cayman (distributor: BTGT Services Limited / Bitget)
Registry InformationRepublic International Cayman, a Cayman Islands exempted company within the Republic/OpenDeal group (group CIK 0001794805); registry number not publicly searchable. Offered under Regulation S to non-US persons only; US affiliates (OpenDeal Broker LLC) do not participate; no SIPC protection. Tokenization stack: Upside.gg. Renamed from preSPAX to preSPCX on 2026-05-26 by Calculation Agent notice (BTG Technology Holdings Limited).
Sourcehttps://republic.com/prespaxhttps://www.bitget.com/support/articles/12560603882368
Notes
- preSPCX (formerly preSPAX) is a Contingent Payout Note issued by Republic International Cayman (distributed via Bitget) tied to the per-share performance of SpaceX common stock. Following SpaceX's June 2026 Nasdaq listing, holders are paid out by reference to public-share performance. The note is a debt security and confers no equity, voting, or ownership rights.