SpaceX will offer tokenized shares on the Solana blockchain through platforms like Ondo Finance, xStocks, and Sunrise as it prepares for its IPO. These tokenized equities provide price exposure without direct ownership and will be accessible globally except in the U.S. This move aims to attract cryptocurrency investors ahead of SpaceX's IPO, which targets a $75 billion raise and a $1.77 trillion valuation. Additionally, pre-IPO futures for SpaceX shares are available on exchanges such as Coinbase and Binance, allowing speculation on the company's valuation before the public listing.
Ondo Finance announced the launch of the first tokenized equity representations using DTC tokenized entitlements, part of the DTCC Tokenization Service. This milestone pushed the ONDO token price up by about 5% and increased trading volume by 51.7% i...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
