DUBAI, UAE, June 7, 2026 /PRNewswire/— Bybitthe world’s second largest cryptocurrency exchange by trading volume, today announced the launch of Bybit IPO Expressbecoming one of the first centralized crypto exchanges globally to offer tokenized IPOs (initial public offerings) at the offering price. Developed by Payment services‘ xStocks, eligible retail investors around the world can now participate in blockbuster IPO projects by subscribing to tokenized representations of publicly traded stocks, starting with SpaceX as the inaugural offering.
The launch marks a critical step in the convergence of traditional capital markets and crypto-native infrastructure, as exchanges increasingly compete to expand beyond digital asset trading into broader financial services. Bybit’s IPO Express is designed to provide users with streamlined access to primary market opportunities that have historically been concentrated among institutional investors, private banking clients and select brokerage networks.
Dissolving the IPO access gap
Participation in high-profile IPOs has traditionally been limited by geography, brokerage relationships, allocation requirements, and institutional demand dynamics. Retail investors in many regions often gain access only after going public, when the first allocations and price discovery have already taken place.
By attracting broader investor interest, liquidity and underlying assets to the chain, compliant tokenization solutions can be achieved. xActions Enabling IPO access at scale for millions of investors around the world through global platforms like Bybit. xStocks’ tokenized IPO access complements its popular tokenized equity offerings that cover trading of listed shares on secondary markets. Through xStocks’ blockchain-agnostic regulated framework built for on-chain interoperability, holders of tokenized listed stocks can access extended trading hours, DeFi composability and flexibility, and crypto-native settlement.
For Bybit customers, it is the first time that users of the cryptocurrency exchange can buy shares at IPO prices outside of the competitive secondary market. No longer subject to geographic limitations, without the hassle of opening and maintaining traditional brokerage accounts, eligible users can participate in IPO subscriptions directly through their Bybit account without opening traditional brokerage accounts or navigating a fragmented cross-border financial infrastructure.
Timeline of SpaceX (SPCX) IPO at Bybit IPO Express
SpaceX will be the first major IPO available to eligible users through the Bybit IPO Express framework. The schedule is as follows for eligible Bybit users:
- Registration Period (June 7 to 11, 2026): Ahead of the IPO, eligible users can indicate their non-binding interests by registering on Bybit IPO Express and reviewing SpaceX’s offering details.
- Subscription window (June 7-11, 2026): Eligible users can submit subscription requests within the announced IPO price range. Funds are committed until allocated.
- Allocation (June 11-12, 2026): The SpaceX token will be distributed to Bybit user accounts and allocations are calculated prorated to total subscription demand. Unused funds will be automatically refunded.
- Bybit Announcement Listing (June 12, 2026): Tokenized SpaceX shares are available for trading on Bybit Point.
“Bybit has always pushed the boundaries of what a financial platform can offer, and being one of the first two centralized exchanges to provide tokenized access to the SpaceX IPO at the offering price is exactly the kind of milestone that defines our next chapter,” he said. Emily Bao, Spot Manager on Bybit.
“For decades, the most exciting times in the capital markets were reserved for institutions and well-connected investors. Through our partnership with xStocks, Bybit clients around the world can now invest directly in US-listed IPOs alongside their crypto assets, on a level playing field with institutional investors. This is what it means to build a new financial platform: uniting the best of traditional finance and cryptocurrencies into a seamless experience, genuinely accessible to everyone.”
The product launch also reflects the broader momentum behind tokenized real-world assets (RWA), a sector increasingly viewed by both crypto-native companies and traditional financial institutions as a long-term growth area for blockchain adoption.
About SpaceX IPO and xStocks IPO Access
The xStocks IPO framework maintains institutional-level compliance standards. On the day of public listing, allocations are finalized and IPO shares are tokenized, backed 1:1 by real equity held in regulated custody by a stockbroker.
For details on participation rules, eligibility requirements, detailed schedules and subscription limits, users can visit: Introducing SpaceX – Bybit’s First IPO Express IPO
IPO-related assets may experience significant price volatility after going public. Users should carefully evaluate all associated risks before participating. Listings may also be adjusted, delayed or canceled due to regulatory or market conditions.
#Bybit / #NewFinancialPlatform
About Bybit
Bybit is the world’s second largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, more open and equal ecosystem for everyone. With a strong focus on Web3, Bybit strategically partners with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, allowing builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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