Bybit Launches On-Chain US Stock IPO Subscription Product IPO Express, Featuring Tokenized IPO of SpaceX via xStocks

Odaily Planet Daily News – According to official sources, Bybit has officially announced the launch of its on-chain US stock IPO subscription product, Bybit IPO Express. This service supports the collaboration with xStocks to offer a tokenized IPO subscription 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 initiative 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 allocation restrictions, with most investors only able to participate after public listing. Bybit IPO Express, through xStocks' compliant tokenization solution, opens access 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 geographic 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 global users more diversified on-chain investment opportunities. 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.