SpaceX IPO Exposure Goes Tokenized as Bybit Partners With xStocks

Bybit has introduced a new on-chain equity product, IPO Express, and has also launched a tokenized subscription providing exposure to SpaceX IPOs in partnership with xStocks.

The tokenized SpaceX shares are described as fully backed by xStocks issuers and designed to track the underlying equity on a 1:1 basis. Under the rollout schedule, spot trading for the product is set to begin on June 12.

Source: Bybit