Binance Wallet, Bybit and other crypto apps refunded tokenized SpaceX IPO users after an xStocks allocation shortfall exposed the limits of onchain IPO access.
SEC's Rule 611 proposal could loosen a key market-structure barrier for tokenized stocks and DeFi-style trading, but major compliance questions remain.
Binance Wallet opened SPCXx tokenized SpaceX IPO subscriptions from 100 USDC as Binance Stocks added SPCX whole-share limit orders for eligible users.
Binance launched bStocks tokenized securities for Nvidia, Tesla, Circle, Micron and Sandisk, opening 24/7 USDT spot trading for eligible non-U.S. users.
Solana's May report showed 97% tokenized-equities trading share, 2.8B-plus in RWAs, 16.4B in stablecoins and record SOL ETF inflows.
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.
BlackRock’s Treasury-backed BUIDL is now available to trade via UniswapX through Securitize, widening the onchain path between tokenized cash products and stablecoin liquidity.
Tokenized stocks reach $1.5B market cap as onchain equities expand. Who’s leading, the plumbing behind it, and what comes next in 2026.