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

BlockBeats News, June 7th. According to official sources, Bybit today officially announced the launch of the on-chain stock IPO subscription product Bybit IPO Express. It supports the xStocks collaboration to launch the SpaceX tokenized IPO subscription service, becoming one of the world's first centralized exchanges to offer tokenized IPO subscriptions at the IPO issuance price stage in the primary market, further expanding the on-chain stock asset trading scene.

Historically, global investors' participation in high-demand IPOs has been limited by factors such as geographical location, broker thresholds, quota restrictions, etc. Investors usually can only participate after the public listing. Bybit IPO Express, through xStocks' compliant tokenization solution, is open to eligible Bybit VIP and Pro users, allowing more non-institutional users to directly subscribe to IPO issuance price stocks on Bybit for the first time without the need to open a traditional brokerage account. This breakthrough removes restrictions such as geographical barriers and cumbersome account opening procedures, allowing global retail users to access popular primary market assets in a more convenient way.

In the future, the Bybit platform will continue to expand the ecosystem of on-chain US stocks and RWA assets, providing global users with more diversified on-chain investment opportunities.

SpaceX xStocks IPO Subscription Schedule:

- Registration Period: June 7-11

- Subscription Period: June 7-11

- Allocation Period: June 11-12

- Spot Trading Launch: June 12

The tokenized SpaceX shares in this offering will be fully backed by the xStocks issuer, anchored 1:1 to real equity, and compliant with institutional-grade standards.