Binance Wallet, Bybit and other crypto apps refunded tokenized SpaceX IPO users after an xStocks allocation shortfall exposed the limits of onchain IPO access.
Binance Wallet opened SPCXx tokenized SpaceX IPO subscriptions from 100 USDC as Binance Stocks added SPCX whole-share limit orders for eligible users.
Coinbase launched SpaceX pre-IPO perpetual futures for eligible non-U.S. users, turning a $1.77T IPO story into a USDC-settled crypto derivatives market.