#bybit Tech News.
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Bybit launched IPO Express, a product offering tokenized IPO shares starting with SpaceX. Eligible users can subscribe via Payward Services' xStocks infrastructure using USDC. SpaceX set a $135 share price, aiming to raise $75 billion at a $1.75 trillion valuation. The tokens track economic exposure but do not grant voting rights, dividends, or direct ownership.
Bybit launched tokenized SpaceX IPO access through its xStocks platform, following Kraken's similar offering. The exchange allows users to trade fractional SpaceX shares via tokenized assets. This move expands Bybit's tokenized stock product line beyond traditional equities. The offering targets retail investors seeking exposure to private company valuations through cryptocurrency platforms.
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