Gate launches digital Pre-IPO participation mechanism: pioneering a new path in the public market

For a long time, there has been a faint, flickering line between the crypto industry and traditional finance. On one side are 24/7 continuous trading, self-custody, and unpermissioned innovation experiments; on the other side are strict regulatory frameworks, mature issuance mechanisms, and massive institutional networks. Though they appear parallel, they have never truly met.

Gate has officially launched a digital Pre-IPOs participation mechanism, fundamentally breaking down this barrier. This is not just a simple iteration of product features, but a key milestone in the crypto industry’s march toward “mainstreaming”—one that starts being systematically incorporated into the core processes of traditional capital markets in the posture of a “technology upgrade.”

Expand IPO Participation Channels Through Digitalized Mechanisms

Over the past decade, the prevailing narrative in the crypto industry has been “disruption” and “substitution.” Bitcoin has been described as “digital gold,” Ethereum is expected to be the “world computer,” and DeFi is seen as an “alternative to traditional finance.” While this narrative attracts early adopters, it also, invisibly, increases the tension between crypto and regulators and traditional financial institutions.

The significance of this mechanism innovation lies in the fact that it allows traditional finance and the crypto world to no longer be a mutually exclusive “either-or” option, but rather a complementary system that can operate in tandem. For regulators, it is an innovation path that is acceptable, auditable, and compatible; for traditional financial institutions, it is a low-friction upgrade path; and for the crypto industry, through this mechanism, issuers can reach a broader group of crypto-native investors while maintaining existing listing processes.

Crypto Users Join Public Markets for the First Time as “Mainline Forces”

For ordinary users in the crypto industry, the biggest change brought by Gate’s launch of the Pre-IPOs mechanism is that eligible users can now obtain a new channel to participate in public stock offerings through a crypto-native environment.

In the past, when crypto users wanted to participate in an IPO, they typically had to go through complex routes (such as registering with overseas brokerages or indirectly participating via derivatives platforms). Not only were the processes cumbersome, but users often couldn’t enjoy full shareholder rights.

Under the Gate Pre-IPOs participation framework, eligible crypto users will have the opportunity to:

• directly participate in the IPO subscription phase, rather than waiting to buy in the secondary market after the stock lists
• hold real equity in self-custody wallets, enjoying voting rights and dividend rights equal to those of traditional shareholders
• use the platform’s stablecoins directly for subscription, without complex procedures or high capital thresholds

Digital shares can be distributed to wallets that complete verification and can freely circulate in a secondary-market environment. Thanks to the interchangeability of digital shares with their traditional counterpart assets, investors can flexibly choose how to hold them across different trading venues, breaking the limitations of a single market in the past.

IPO Market Reservation Channel to Lock In Priority for Digital New Share Subscriptions

At present, Gate has opened the Pre-IPOs reservation entry. After users reserve, they will enjoy exclusive privileges such as 100% priority subscription rights and future opportunities for high-quality IPOs. Gate will advance the user participation process in stages according to the specific progress of the issuer’s timeline for the actual IPO. The specific issuance targets and timing will be dynamically disclosed based on market conditions and regulatory requirements.

As this foundation gradually matures, the shape of the capital markets in the future may change fundamentally: IPOs will no longer be a single-market, single event, but a parallel process of synchronized issuance across multiple markets; equity trading will no longer be T+2 overnight settlement, but near real-time continuous circulation; the shareholder registry will no longer be a static table updated quarterly, but a real-time synchronized dynamic ledger.

Conclusion

Gate’s launch of Pre-IPOs is aimed at improving market access levels, optimizing market efficiency, and driving the continued evolution of participation models in public markets.

The reservation entry is now open. Gate is leading the industry trend of accelerating the integration of digital asset infrastructure into traditional financial systems. In the future, Gate will continue to expand the boundaries of participation in capital markets and support the long-term development of digital financial infrastructure.