Gate stock tokens latest updates: April hot assets review and Pre-IPO product launch

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Since April 2026, global stock markets have experienced a significant rebound driven by improvements in technology stocks and corporate earnings, with the S&P 500 rebounding about 9% from its late March lows, approaching its early-year highs. European and Asian markets also performed actively due to renewed risk appetite. Meanwhile, Gate’s stock token product line has seen intensive updates—from strong rallies of popular tokens, to the launch of new Pre-IPOs, and continuous expansion of contract underlyings, attracting increasing investor attention.

Popular Stock Tokens Perform Brightly: HOODX, TSLAX, CRCLX Lead the Rally

In mid-April, multiple stock tokens on the Gate platform recorded significant gains, becoming the most watched targets in the tokenized stock sector.

HOODX took the lead. As the U.S. stock market fully recovered, the crypto sector stocks surged strongly, with HOODX on Gate rising over 14% within 24 hours. HOODX is a token based on Solana SPL and Ethereum ERC-20 dual-chain standards, directly mapping Robinhood Markets’ stock performance, supporting 24/7 spot and perpetual contract trading, with leverage up to 10x. The main drivers of this surge include Robinhood’s stock soaring over 10%, the landing of European tokenized stock services, and Robinhood being selected by the U.S. Treasury Department and BNY as a core infrastructure provider for the “Trump Accounts” program, elevating from a zero-commission trading app to a national-level financial infrastructure platform.

Following closely, TSLAX also surged. On April 15, after the U.S. stock market closed, Tesla’s stock closed at $391.95, up 7.62% for the day, with a trading volume of $43.66B, ranking first among U.S. stocks that day. Tesla stock tokens TSLAX on Gate also rose in tandem, with a stable quote of $395 as of April 16, with a total asset value of about $78 million, held by over 20,000 users. TSLAX supports 24/7 continuous trading, with fractional shares available for as little as $10, breaking the traditional barrier of hundreds of dollars per share for U.S. stocks.

Additionally, CRCLX also performed notably. As of April 14, Circle’s tokenized stock CRCLX was quoted at $100.1, up 15.7% over 24 hours, with trading volume significantly increasing. CRCLX reflects the share price of Circle Internet Group— the issuer of the world’s second-largest stablecoin USDC, listed on NYSE in 2025, known as the “first stablecoin stock.” The core catalysts for this rise include expectations for the U.S. Senate hearing on the CLARITY Act for crypto regulation and strong fundamentals of Circle itself.

Gate Pre-IPOs Officially Launched, First Project SpaceX Token SPCX

In April 2026, Gate officially launched the Pre-IPOs mechanism, with the first project being SpaceX (asset code: SPCX), aiming to open private market opportunities originally reserved for top venture capital firms to retail investors worldwide.

SPCX subscription price is $590 per SPCX, with a total of 33,900 SPCX available. The minimum threshold is only 100 USDT or GUSD, greatly lowering the traditional Pre-IPO barrier of several million dollars. Subscription runs from 10:00 on April 20 to 10:00 on April 22 (UTC), a 48-hour window, with 100% unlock upon distribution, allowing the asset tokens to directly enter pre-market trading without lock-up periods. The platform has also launched SPCX perpetual contracts on SPACEXUSDT, supporting 1–10x leverage, suitable for speculative valuation fluctuations.

It’s important to note that SPCX is a synthetic derivative, not direct equity of SpaceX, with no voting or dividend rights. Its price reflects market speculation rather than actual stock value. If SpaceX’s final IPO price is below $590, the asset will directly decrease in value.

Contract Underlyings Accelerate Expansion: New Pre-market Trading for AI Unicorns like OpenAI, Anthropic

On April 13, Gate’s stock section launched pre-market trading for perpetual contracts of five tokens: OPENAIUSDT, ANTHROPICUSDT, ANDURILUSDT, KALSHIUSDT, POLYMARKETUSDT, supporting 1–10x long and short positions. These companies—OpenAI, Anthropic, Anduril, Kalshi, Polymarket—are not yet officially listed, and these contracts aim to facilitate market-based valuation and price discovery.

So far, in 2026, Gate has successively added over 30 stock and ETF perpetual contracts, covering tech giants, aerospace and defense leaders, consumer goods giants, and core ETFs across multiple sectors. According to official data, by early 2026, the total trading volume of Gate’s stock token section exceeded $140 billion, with a monthly market share of 89.1%.

Summary

In April 2026, Gate’s stock token product line advanced on multiple fronts: popular targets HOODX, TSLAX, CRCLX led the rally, providing abundant market opportunities for short-term traders; the Pre-IPOs mechanism officially launched with SpaceX token SPCX as the first project, opening the previously high-threshold private market to retail investors; contract underlyings continued to expand, adding pre-market trading for AI unicorns like OpenAI and Anthropic, further broadening coverage. Regarding platform tokens, GT benefits from Gate Layer ecosystem development and quarterly burn mechanisms, demonstrating growth resilience driven by utility. Whether you prefer short-term volatile contract trading or long-term holdings of high-quality global assets, Gate’s stock token section offers more diverse trading options. For the latest updates, please stay tuned to Gate’s official announcements.

HOODX-2.48%
TSLAX-1.12%
USDC-0.02%
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