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Cryptocurrency exchange Bybit has announced that it will provide retail investors with the opportunity to participate in tokenized Initial Public Offerings (IPOs) at the issue price through its tokenization platform, Payward's xStocks, with the first project being the tokenized IPO of SpaceX. Users can register and subscribe from June 7 to June 11, 2026, with quota allocations to be determined from June 11 to June 12. The tokenized shares are expected to start trading on Bybit's spot market from June 12. Through this method, users can participate without the need for a traditional securities account and can avoid competition in the secondary market. SpaceX's IPO is expected to raise approximately $75 billion and has already attracted around $150 billion in investor demand.
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