Bybit Launches SpaceX Tokenized Product as Crypto Exchanges Race for Pre-IPO Access
Bybit opened registration for its IPO Express platform on June 7 2026, offering retail access to tokenized SpaceX shares at $135 per share. The platform's
Summary
- Bybit opened registration for its IPO Express platform on June 7 2026, offering retail access to tokenized SpaceX shares at $135 per share.
- The platform's spot listing for SpaceX tokens is scheduled for June 12 2026, following subscription close on June 11.
- Kraken rolled out a competing tokenized SpaceX product via xStocks on June 5 2026, highlighting exchange competition in pre-IPO offerings.
Bybit opened its IPO Express platform on June 7 2026. It gives retail users tokenized pre-IPO access to SpaceX shares at $135 per share.
This puts Bybit among the first centralized crypto exchanges with such a product. Allocations finalize soon after the subscription window closes.
Context
Centralized exchanges now race to link private markets to crypto rails. Bybit follows others that already chase demand for pre-IPO exposure.
Kraken listed a pre-IPO perpetual contract on SPCX with up to 5x leverage. It also launched tokenized SpaceX shares through xStocks on June 5 2026. These moves show the wider scramble by exchanges to grow beyond plain cryptocurrencies.
Details
Registration and subscription for Bybit's SpaceX offering run from June 7 to June 11 2026. Users receive allocated tokens in their accounts. Unused funds refund automatically.
The spot listing lands on June 12 2026.
"Bybit has always pushed the boundaries."
, Bybit announcement (www.eqs-news.com)
Tokenized pre-IPO products still face shifting regulatory scrutiny. Liquidity for retail users can stay thin. Sources back the $135 price and timeline but flag that secondary market depth has yet to firm up.
Outlook
Bybit users will see final allocations right after June 11 2026. Trading starts the next day. Exchanges keep testing tokenized private equity access.
