{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Web3 Tech Brief By HackerNoon","title":"Bybit Lists Tokenized SpaceX on Spot as the Trillion-Dollar IPO Lands on Crypto Rails","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/377f42a8\"></iframe>","width":"100%","height":180,"duration":498,"description":"\n        This story was originally published on HackerNoon at: https://hackernoon.com/bybit-lists-tokenized-spacex-on-spot-as-the-trillion-dollar-ipo-lands-on-crypto-rails.\n             Hours after SpaceX closes its first day at a $1.77 trillion valuation, Bybit lists SPCXX on spot under the xStocks framework, opening 1:1 share-backed exposure. \n            Check more stories related to web3 at: https://hackernoon.com/c/web3.\n            You can also check exclusive content about #web3, #defi, #spcxx, #bybit, #tokenization, #good-company, #ipo, #technology,  and more.\n            \n            \n            This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page,\n            and for more stories, please visit hackernoon.com.\n            \n                \n                \n                SpaceX listed on Nasdaq at $135 per share on June 12, 2026, the largest IPO in history at a $1.77 trillion valuation. The stock closed +19% at $160.95 after touching $175.80 intraday.\n\nBybit listed SPCXX, tokenized SpaceX exposure under the xStocks framework, on its Spot market at 16:20 UTC the same day, alongside a 200,000 USDT token splash prize pool.\n\nSPCXX tokens are backed 1:1 by SpaceX shares held in regulated broker-dealer custody and issued by Backed Assets (JE) Limited under the xStocks framework.\n\nBybit is the only major exchange to list at the bell on equity-backed tokens. Coinbase International and BitMEX launched cash-settled synthetic perpetuals on June 4 and 5; Kraken launched its own xStocks-backed SPCXx on June 5.\n\nThe xStocks network has processed more than $30 billion in cumulative transaction volume across 125,000-plus holders as of June 3, 2026, up from $25 billion in February.\n\nSPCXX confers no shareholder voting rights or dividend rights. Tokens are not available to US persons; access is restricted in the United States, Canada, the United Kingdom, and Australia.\n        \n        ","thumbnail_url":"https://img.transistorcdn.com/eO2Jn0gxT_H9qDuuD0uleszE2n40sbZ-1T2r0zOcj9c/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzQxMTY4LzE2ODMz/MTU4ODQtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}