Crypto exchanges promised users access to the SpaceX IPO. The tokenized shares never arrived
From thenextweb.com
Crypto users who thought they had found a way into the hottest IPO in years through tokenized SpaceX stock discovered on Friday that the shares would not be arriving. Binance Wallet, Bybit, and Bitget Wallet all canceled their tokenized SpaceX offerings after xStocks, the tokenized equity provider behind all three products, failed to deliver the underlying assets. According to CoinDesk, xStocks and its partners had gathered more than $1 billion in customer orders tied to SpaceX access before the mechanism collapsed. Bybit had launched the earliest campaign on June 7, introducing SpaceX as the first offering on its ...
(full story)