Bybit Launches On-Chain US Stock IPO Subscription Product IPO Express, SpaceX Tokenized IPO Project Goes Live Today on xStocks

Deep Tide TechFlow reports, on June 7, according to official sources, Bybit officially announced the launch of its on-chain US stock IPO subscription product, Bybit IPO Express. This product supports the collaboration with xStocks to offer a tokenized IPO subscription service for SpaceX, making Bybit one of the first centralized exchanges globally to provide tokenized IPO subscriptions at the IPO issue price stage in the primary market. This further expands the trading scenarios for on-chain stock assets. Historically, global investors' opportunities to participate in high-demand IPOs have often been limited by factors such as geographic location, brokerage thresholds, and quota restrictions, with investors typically only able to participate after public listing. Bybit IPO Express, through xStocks' compliant tokenization solution, is open to eligible Bybit VIP and Pro users, enabling more non-institutional users to subscribe to IPO issue price stocks directly on Bybit for the first time. This eliminates the need to open traditional brokerage accounts, overcoming geographical and cumbersome account-opening barriers, and provides a more convenient way to access popular primary market assets globally. In the future, the Bybit platform will continue to expand the ecosystem of on-chain US stocks and RWA (Real World Assets), offering more diversified on-chain investment opportunities for global users. SpaceX xStocks IPO Subscription Schedule: - Registration Period: June 7-11 - Subscription Period: June 7-11 - Allocation Phase: June 11-12 - Spot Trading Launch: June 12 The tokenized SpaceX shares in this offering will be fully backed by xStocks issuers, anchored 1:1 to real equity, and meet institutional-grade compliance standards.