Cryptocurrency exchange Bybit to open SpaceX tokenized IPO access

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Skip to navigationSkip to main contentSkip to right columnReutersSun, June 7, 2026 at 4:40 PM GMT+2 1 min readJune 7 (Reuters) - Cryptocurrency exchange Bybit said it will offer retail investors access to tokenized ‌initial public offerings (IPOs) at the offering price, starting ‌with SpaceX as its first offering.Here are some details:• Bybit users ​via Payward's xStocks, a tokenization platform, can subscribe to tokenized representations of publicly traded equities.•• For the SpaceX offering, 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 expected to begin trading on Bybit’s spot market from June 12.• Users will be able to ​purchase shares ​at IPO pricing bypassing ​secondary market competition without ‌the need to open or maintain traditional brokerage accounts.• SpaceX, which began its roadshow last week, has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is seeking to ‌raise, said two people familiar with ​the matter on Friday.• Cryptocurrency ​exchange Kraken said ​this month it had opened SpaceX ‌IPO access to clients in ​more than 110 ​countries via xStocks.• Wall Street is betting 2026 could be a breakout year for the U.S. ​IPO market, ‌underpinned by a strong pipeline of high-profile private ​companies and pent-up demand for new listings.•(Reporting by ​Preetika Parashuraman in Bengaluru)Terms and Privacy PolicyPrivacy & Cookie SettingsMore Info