SpaceX IPO sparks debate on tokenized stocks and real-world asset tokens' adoption and risks.

SpaceX's IPO filing has reignited interest and skepticism around tokenized stocks and real-world asset (RWA) tokens. Some exchanges canceled tokenized SpaceX share offerings due to delivery failures, highlighting risks in off-chain custody and settlement. Ondo focuses on tokenized yield products with transparent attestations, offering a more reliable option amid equity tokenization challenges. Investors should carefully verify custody, legal backing, and settlement paths before engaging with tokenized equities, while watching SEC IPO milestones and attestation reports for RWA products.