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Bybit, Binance, Bitget cancel tokenized SpaceX IPO allocations after share shortage

All three exchanges are issuing full refunds and additional compensation to affected users.

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theblock.coStai leggendo1 mese fa

Bybit, Binance, Bitget cancel tokenized SpaceX IPO allocations after share shortage

Bybit, Binance, Bitget, and Kraken cancelled SpaceX tokenized IPO allocations after xStocks failed to secure underlying shares; SpaceX opened at $150 (vs $135 IPO, +12%) in the $75B largest Wall Street offering. The failures highlight infrastructure gaps in crypto's traditional finance bridge despite 30% retail allocation—a critical lesson for fintech platforms pursuing IPO democratization at scale.

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mercoledì 10 giugno 2026·theblock.co
Elon Musk's SpaceX IPO could become bitcoin's latest headwind
SpaceX setting aside up to 30% of IPO shares for retail investors could prompt investors to exit crypto assets like Bitcoin and Ethereum.
venerdì 12 giugno 2026·cryptobriefing.com
Bybit refunds subscription funds after SpaceX allocation issues
Bybit confirms IPO Express subscribers will not receive SpaceX tokenized share allocations, issuing full refunds after pro-rata distribution yields zero

Bybit, Binance, Bitget cancel tokenized SpaceX IPO allocations after share shortage

Confronto fonti

Bybit, Binance, Bitget cancel tokenized SpaceX IPO allocations after share shortage

Timeline cronologica

Elon Musk's SpaceX IPO could become bitcoin's latest headwind

Bybit refunds subscription funds after SpaceX allocation issues

Bybit, Binance and Bitget Cancel Tokenized SpaceX Allocations as xStocks Fails to Deliver Shares - "The…

Major crypto exchanges cancel SpaceX IPO allocations

Crypto exchanges promised SpaceX IPO access through tokenized stock. None of it arrived.

Crypto Firms Scrap Tokenized SpaceX Share Offerings as SPCX Surges After IPO - Decrypt

Binance cancels SpaceX IPO campaign, refunds users and distributes $1M in bStocks tokens

Crypto Firms Scrap Tokenized SpaceX Share Offerings as SPCX Surges After IPO - Decrypt

Bybit, Binance, Bitget cancel tokenized SpaceX IPO allocations after share shortage

Bybit, Binance and Bitget Cancel Tokenized SpaceX Allocations as xStocks Fails to Deliver Shares - "The Defiant"

Binance cancels SpaceX IPO campaign, refunds users and distributes $1M in bStocks tokens

Binance, Bybit and Bitget cancel SpaceX tokenized IPO campaigns after allocation shortfall

Major crypto exchanges cancel SpaceX IPO allocations

The SpaceX IPO scramble brings early lesson for tokenized stocks

Crypto Platforms Sold Users on SpaceX IPO Access. The Tokenized Stocks Never Arrived

Crypto exchanges promised SpaceX IPO access through tokenized stock. None of it arrived.