Scan to download
BTC $62,432.77 -1.91%
ETH $1,672.74 -0.88%
BNB $596.27 -0.83%
XRP $1.14 -0.08%
SOL $66.22 -1.04%
TRX $0.3227 -1.23%
DOGE $0.0858 -0.89%
ADA $0.1683 +0.53%
BCH $206.17 -0.47%
LINK $7.93 -0.82%
HYPE $61.89 -1.27%
AAVE $62.53 -2.98%
SUI $0.7558 -1.02%
XLM $0.1991 -1.87%
ZEC $468.58 +9.21%
BTC $62,432.77 -1.91%
ETH $1,672.74 -0.88%
BNB $596.27 -0.83%
XRP $1.14 -0.08%
SOL $66.22 -1.04%
TRX $0.3227 -1.23%
DOGE $0.0858 -0.89%
ADA $0.1683 +0.53%
BCH $206.17 -0.47%
LINK $7.93 -0.82%
HYPE $61.89 -1.27%
AAVE $62.53 -2.98%
SUI $0.7558 -1.02%
XLM $0.1991 -1.87%
ZEC $468.58 +9.21%

ib

Gate directly connects to the IPO officially launched, the first project SpaceX opens for intention to subscribe applications

Gate announced that the first phase of its IPO Access project has officially launched, with SpaceX as the initial offering. Users can now submit their intention to subscribe through the Gate platform to participate in investment opportunities for popular company IPOs. The event adopts an "intention to subscribe" mechanism, and the platform will calculate the allocation weight based on the average locked amount during the subscription period.Ultimately, users may receive full allocation, partial allocation, or no allocation at all, with the specific results determined by the project's issuance situation and the actual allocation amount obtained by the platform. After receiving the IPO allocation, the corresponding stocks will be directly distributed to the Gate stock account. After the allocation ends, the relevant stocks will be listed on the Gate stock section on June 12, allowing users to directly engage in real stock trading or hold them, achieving a seamless transition from IPO subscription to secondary market trading.As an important part of Gate's stock business, IPO Access provides users with a new channel to participate in the subscription of globally popular companies going public. Currently, with the launch of IPO Access, Gate is gradually improving its product ecosystem covering Pre-IPO, IPO, and stock trading, providing users with a more convenient one-stop global investment experience.

State Council: Strictly prohibit private equity funds from engaging in illegal activities such as borrowing, disguised debt, etc

The General Office of the State Council has released guiding opinions on strengthening regulation, preventing risks, and promoting the high-quality development of private equity investment funds. The opinions mention adhering to goal-oriented and problem-oriented approaches, addressing issues such as the need to improve the access mechanism for the private equity fund industry, inadequate regulation, incomplete systems, insufficient coordination and cooperation among ministries, central and local governments, the failure to implement the responsibilities of some government investment funds and state-owned enterprise investment fund contributors, and the use of some private equity funds as tools for illegal activities, new forms of corruption, and hidden corruption. A system and long-term mechanism for strengthening regulation and preventing risks will be established to promote the development of the industry in a standardized manner and enhance it during development.Uphold functional positioning, coordinate the overall layout, optimize increments, revitalize existing resources, support the excellent and limit the inferior, improve quality and efficiency, and strictly prohibit private equity funds from engaging in illegal activities such as lending and disguised debt. Adhere to classified regulation, implementing "one policy for one category" regulation based on different dimensions such as contributor entities and product types. Insist on regulating both legal and illegal entities, with strict regulation for legal institutions, resolute prohibition of illegal institutions, and severe crackdowns on illegal activities.Promote the revision of the Securities Investment Fund Law. Push for the issuance of judicial documents related to criminal cases involving private equity funds. Formulate regulations for the supervision of private equity fund managers, information disclosure, fundraising, and mandatory custody rules. Introduce standardized arrangements for private equity fund betting agreements. Fully establish a regulatory system for private equity funds that is primarily based on administrative regulation and supplemented by self-regulation.
app_icon
ChainCatcher Building the Web3 world with innovations.