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Bitget Wallet's SpaceX tokenized IPO got no allocation; users to be fully refunded and compensated.

Market News
12 Jun 2026
Coincu
View Source
Bearish
pluang ai news

Bitget Wallet announced that its SpaceX tokenized IPO offering received no allocation, meaning none of the users' committed funds were converted into tokenized equity positions. As a result, participants will not receive any SpaceX equity exposure, but all subscribed funds will be fully refunded. Additionally, Bitget Wallet plans to compensate affected users beyond the refund, though details on the compensation remain undisclosed. This incident highlights the risks of allocation in tokenized IPO products and the importance of treating such subscriptions as speculative until confirmed.

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Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

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Japan's top robotics firms join NVIDIA Cosmos to advance AI-driven intelligent machines.

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Oil prices surge toward $90 as US-Iran tensions and Strait of Hormuz risks escalate.

Oil prices surge toward $90 as US-Iran tensions and Strait of Hormuz risks escalate.

Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...

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US to impose 25% tariff on Brazilian ethanol next week, citing unfair trade practices

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The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...

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Alibaba and Baidu shares rise as Apple integrates their AI tools in China

Alibaba and Baidu shares rise as Apple integrates their AI tools in China

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