Cryptocurrency exchange Bybit to open SpaceX tokenized IPO access

Reuters

Sun, June 7, 2026 astatine 9:40 AM CDT 1 min read

June 7 (Reuters) - Cryptocurrency speech Bybit said it volition connection retail investors entree to tokenized ‌initial nationalist offerings (IPOs) astatine the offering price, starting ‌with SpaceX arsenic its archetypal offering.

Here are immoderate details:

• Bybit users ​via Payward's xStocks, a tokenization platform, tin subscribe to tokenized representations of publically traded equities.

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• For the SpaceX offering, registration and subscription volition tally from June ‌7 to June ⁠11, 2026, with allocations to beryllium finalised betwixt June 11 and June 12. Tokenized ⁠shares are expected to statesman trading connected Bybit’s spot marketplace from June 12.

• Users volition beryllium capable to ​purchase shares ​at IPO pricing bypassing ​secondary marketplace contention without ‌the request to unfastened oregon support accepted brokerage accounts.

• SpaceX, which began its roadshow past week, has drawn capitalist request of astir $150 cardinal for its IPO, astir treble the $75 cardinal it is seeking to ‌raise, said 2 radical acquainted with ​the substance connected Friday.

• Cryptocurrency ​exchange Kraken said ​this period it had opened SpaceX ‌IPO entree to clients successful ​more than 110 ​countries via xStocks.

• Wall Street is betting 2026 could beryllium a breakout twelvemonth for the U.S. ​IPO market, ‌underpinned by a beardown pipeline of high-profile backstage ​companies and pent-up request for caller listings.

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(Reporting by ​Preetika Parashuraman successful Bengaluru)