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.
In May 2026, JPMorgan, Mastercard, and Ondo Finance successfully settled a tokenized US Treasury on the XRP Ledger, demonstrating the technology's capability for fast, on-chain settlement of real-world assets. This transaction highlights the XRP Ledg...
Mirae Asset Global Investments, South Korea's largest asset manager, has partnered with Ondo Finance to tokenize its $99 billion Global X ETF lineup. The first tokenized product, a covered-call ETF share class, will launch in Hong Kong in Q3 2026, en...
Ondo Finance and Mirae Asset Global Investments have signed an MOU to tokenize US-listed Global X ETFs, marking Mirae as the first major Asian asset manager to enter ETF tokenization. The collaboration will initially focus on US ETFs, with plans to e...
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 settle...
