Bitget Wallet cancels SPCXx tokenized IPO placement and provides full refunds.

CoinFeed reported on June 12 that Bitget Wallet announced it was unable to receive the full allocation originally intended for its SPCXx tokenized IPO due to "unforeseen market conditions," making it unable to distribute tokens to participating users. The platform will provide a 100% refund to all participating users, along with a 5% handling fee refund; no further action is required from users. Bitget Wallet stated that all affected addresses will automatically be whitelisted for future tokenized IPOs and will receive a $10 gas voucher to offset approximately one month's worth of stock trading gas fees.