Bybit, Binance, Bitget, and MEXC canceled SpaceX tokenized IPO campaigns after xStocks failed to secure shares. Over $1 billion in orders went unfulfilled. The
2026/06/13
TLDR Bybit, Binance, Bitget, and MEXC canceled tokenized SpaceX IPO campaigns on Friday SpaceX raised $75 billion in its Nasdaq IPO, opening at $150 and closing
Binance Wallet SPCXx drew $557M from 27,689 wallets before allocations were canceled as xStocks couldn't source shares. Solana's RWA surge met limits.
The SpaceX pre-IPO scramble highlights a key tokenization risk: blockchain rails cannot solve a failed underlying share allocation.
Major crypto trading and wallet platforms have canceled their tokenized access campaigns tied to SpaceX’s IPO after the company began trading on the Nasdaq on Friday
SpaceX began trading on Nasdaq under the SPCX ticker on June 12 after raising $75 billion at a $1.75 trillion implied valuation. Binance, Bybit, Kraken and Bitget
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Several major crypto trading and wallet platforms have canceled their tokenized SpaceX IPO campaigns after SpaceX began trading publicly on the Nasdaq. Bybit, Binance
The collapse of multiple crypto exchanges’ tokenized SpaceX IPO campaigns has exposed a problem that has little to do with blockchain technology and everything
Summary Show Binance Wallet, Bybit and Bitget canceled SpaceX pre-IPO offerings after failing to secure