Cryptocurrency exchange Bybit mentioned it’ll supply retail traders access to tokenized preliminary public choices (IPOs) on the providing worth, beginning with SpaceX as its first providing. Listed below are some particulars:
Bybit customers by way of Payward’s xStocks, a tokenization platform, can subscribe to tokenized representations of publicly traded equities.
For the SpaceX providing, registration and subscription will run from June 7 to June 11, 2026, with allocations to be finalised between June 11 and June 12. Tokenized shares are anticipated to start buying and selling on Bybit’s spot market from June 12.
Customers might be ready to buy shares at IPO pricing bypassing secondary market competitors with out the necessity to open or keep conventional brokerage accounts.
SpaceX, which started its roadshow final week, has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it’s in search of to elevate, mentioned two folks accustomed to the matter on Friday.
Cryptocurrency exchange Kraken mentioned this month it had opened SpaceX IPO access to shoppers in additional than 110 international locations by way of xStocks.
Wall Avenue is betting 2026 may very well be a breakout 12 months for the US IPO market, underpinned by a robust pipeline of high-profile personal corporations and pent-up demand for brand new listings.
