Jun. 7, 2026
DUBAI, UAE, June 7, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of Bybit IPO Express, becoming one of the first centralized crypto exchanges globally to offer tokenized IPO (initial public offerings) at the offering price. Powered by Payward Services‘ xStocks, eligible retail investors worldwide can now participate in blockbuster IPO projects by subscribing to tokenized representations of publicly traded equities, starting with SpaceX as the inaugural offering.
The launch marks a fundamental step in the convergence of traditional capital markets and crypto-native infrastructure, as exchanges increasingly compete to expand beyond digital asset trading into broader financial services. Bybit’s IPO Express is designed to provide users with streamlined access to primary market opportunities that have historically been concentrated among institutional investors, private banking clients, and select brokerage networks.
Dissolving the IPO Access Gap
Participation in high-profile IPOs has traditionally been limited by geography, brokerage relationships, allocation requirements, and institutional demand dynamics. Retail investors in many regions often gain access only after public listing, when early allocations and price discovery have already taken place.
