Bitcarnage

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Patrick L Young
Jun 16, 2026
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Tears but not total losses as the Major Crypto Exchanges Cancel SpaceX IPO allocations, Promising Refunds / SpaceX Tokenized IPO Campaign Draws $557M On Binance Ahead Of Debut (Cointelegraph).

Alas, a problem in the space time continuum left a minor version of the underlying issues we have long worried about.”:Crypto trading platforms Bybit, Binance, Bitget Wallet and MEXC canceled their tokenized SpaceX IPO campaigns as SpaceX went public on the Nasdaq on Friday.

Major crypto platforms offering tokenized access to the IPO were unable to fulfill demand for SpaceX allocations, with several blaming Kraken-owned xStocks’ inability to deliver the underlying assets.”

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Patrick L Young
Marketplace building Entrepreneur. Fintech pioneer, exchange expert, author. Publisher Exchange Invest Newsletter. Publisher "Bitcarnage" (on Substack) Fun sideline: Occasional Motorsports Commentator
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