Since April 2026, global stock markets have seen a significant rebound, driven by gains in tech stocks and improved corporate earnings. The S&P 500 has surged about 9% from its late March low, nearing its highs from the start of the year. European and Asian markets have also shown strong performance as risk appetite returns. At the same time, Gate’s stock token product line has undergone a flurry of updates—from sharp rallies in popular tokens and the high-profile launch of new Pre-IPOs, to the ongoing expansion of contract trading pairs. This series of developments is capturing the attention of an ever-growing pool of investors.
Standout Performance from Popular Stock Tokens: HOODX, TSLAX, and CRCLX Lead the Pack
In mid-April, several stock tokens on the Gate platform posted notable gains, becoming some of the most watched assets in the tokenized equities space.
HOODX took the lead. As the U.S. stock market rebounded across the board, crypto-related stocks led the rally. HOODX on Gate surged over 14% within 24 hours. HOODX is a token based on both the Solana SPL and Ethereum ERC-20 standards, directly tracking the price performance of Robinhood Markets stock. It supports 24/7 spot and perpetual contract trading, with up to 10x leverage. The main drivers behind this rally included Robinhood’s underlying stock soaring more than 10%, the rollout of tokenized stock business in Europe, and Robinhood’s selection by the U.S. Treasury and BNY as a core infrastructure provider for the "Trump Accounts" initiative—elevating it from a zero-commission trading app to a national-level financial infrastructure platform.
TSLAX followed closely with strong gains of its own. At the close of U.S. trading on April 15, Tesla’s stock finished at $391.95, up 7.62% for the day, with a trading volume of $43.663 billion—the highest among U.S. stocks that day. The Tesla stock token TSLAX on Gate mirrored this move, holding steady at $395 as of April 16, with a total asset value of around $78 million and more than 20,000 holders. TSLAX supports uninterrupted 24/7 trading, and investors can purchase fractional shares for as little as $10, breaking down the traditional barrier of several hundred dollars per share in the U.S. stock market.
CRCLX also delivered impressive results. As of April 14, the Circle tokenized equity CRCLX was quoted at $100.1, up 15.7% in 24 hours, with trading volume rising sharply. CRCLX tracks the equity price of Circle Internet Group—Circle is the core issuer of USDC, the world’s second-largest stablecoin, and went public on the NYSE in 2025, earning the nickname "the first stablecoin stock." The main catalysts for this rally were expectations around the U.S. Senate hearing on the CLARITY Act for crypto asset regulation, as well as Circle’s own strong fundamentals.
Gate Pre-IPOs Officially Launched, Debuting SpaceX Token SPCX
In April 2026, Gate officially launched its Pre-IPOs mechanism, with the first project being SpaceX (asset certificate code: SPCX). This initiative aims to open up private market investment opportunities—traditionally reserved for top venture capitalists—to retail investors worldwide.
SPCX is priced at $590 per token, with a total subscription volume of 33,900 SPCX. The minimum entry is just 100 USDT or GUSD, dramatically lowering the traditional Pre-IPO threshold of millions of dollars. The subscription window runs from April 20, 10:00 to April 22, 10:00 (UTC), a tight 48-hour period. The offering uses a 100% unlock model, meaning asset certificates can immediately enter pre-market trading after distribution, with no lock-up period. The platform has also launched the SPACEXUSDT perpetual contract, supporting 1–10x leverage—ideal for speculating on valuation swings.
It’s important to note that SPCX is a synthetic derivative, not direct equity in SpaceX. It does not confer voting or dividend rights, and its price reflects market speculation rather than the actual share price. If SpaceX’s eventual IPO price is below $590, the value of the asset will be directly reduced.
Contract Trading Universe Expands: New Pre-Market Trading for AI Unicorns like OpenAI and Anthropic
On April 13, Gate’s stock token section launched pre-market perpetual contracts (settled in USDT) for five new tokens: OPENAIUSDT, ANTHROPICUSDT, ANDURILUSDT, KALSHIUSDT, and POLYMARKETUSDT. These contracts support both long and short positions with 1–10x leverage. The underlying companies—OpenAI, Anthropic, Anduril, Kalshi, and Polymarket—have not yet gone public. These contracts are designed to facilitate market-based valuation and price discovery for these pre-IPO giants.
So far in 2026, Gate has added over 30 new perpetual contract products for stocks and ETFs, covering tech giants, aerospace and defense leaders, consumer goods powerhouses, and core ETFs. According to official data, by early 2026, cumulative trading volume in Gate’s stock token section had surpassed $140 billion, with a monthly market share as high as 89.1%.
Conclusion
In April 2026, Gate’s stock token product line advanced on multiple fronts: popular tokens HOODX, TSLAX, and CRCLX delivered strong gains, offering abundant opportunities for short-term traders; the Pre-IPOs mechanism officially launched with the debut of SpaceX token SPCX, opening up what was once an exclusive private market to retail investors; and the range of contract trading pairs continued to expand, adding pre-market trading for AI unicorns like OpenAI and Anthropic, further broadening market coverage. On the platform token front, GT is benefiting from the growth of the Gate Layer ecosystem and its quarterly burn mechanism, demonstrating utility-driven resilience. Whether you’re a contract trader seeking short-term volatility or a spot investor looking to build long-term exposure to high-quality global assets, Gate’s stock token section offers a more diverse array of trading options. For the latest updates, be sure to follow Gate’s official announcements.
