Bybit launches IPO Express, an on-chain US stock IPO subscription product, and immediately launches SpaceX, the first tokenized IPO project on xStocks.

CoinFeed reported on June 7th that Bybit has announced the launch of its on-chain US stock IPO subscription product, Bybit IPO Express, supporting xStocks' partnership to offer tokenized IPO subscription services for SpaceX. Bybit becomes one of the world's first centralized exchanges to offer tokenized IPO subscriptions during the primary market IPO pricing stage, further expanding the scenarios for on-chain stock asset trading. Historically, opportunities for global investors to participate in high-profile IPOs have often been limited by factors such as geographical location, brokerage thresholds, and quota restrictions, typically allowing investors to participate only after the public listing.