Binance is launching the SPCXx IPO through its wallet this time, essentially issuing tokenized equity backed 1:1 via the xStocks framework. The reference price is approximately 135 USDC/share + 5% underwriting fee, making the actual cost around 141.75 USDC/share. You can participate in the IPO event directly from the wallet homepage using your existing USDC. Allocation is automatically determined based on your Alpha Points (2,000 USDC for 0 points → up to 500,000 USDC for 200+ points). Through the xStocks framework, tokenized securities are backed 1:1 by physical equity (the issuer holds the corresponding stocks). Isn't this liquidity coming in hot? Deadline: June 12 at 12 PM.