SpaceX’s Nasdaq debut didn’t just move traditional markets. It lit up Solana too.
Three tokenized versions of SpaceX shares launched on the Solana blockchain on June 12, collectively generating $37 million in first-day trading volume.
The star of the show was SPCX, a token issued by Backpack Securities in partnership with Sunrise. It pulled in roughly $18.2 million of that volume on its own, attracting over 5,900 holders and building a $2.5 million liquidity pool within hours. The other two entrants, SPCXx from xStocks and SPACEX from PreStocks, captured approximately $927,000 and $737,000 respectively.
Why tokenized SpaceX shares took off
SpaceX listed on Nasdaq at $135 per share on June 12. Tokenized versions on Solana don’t have the limitations of traditional stock markets, which close on weekends and holidays, allowing investors to trade at any hour from anywhere in the world.
