A digital currency exchange platform announced plans to provide everyday investors with access to tokenized initial public offerings at original pricing, beginning with SpaceX as the inaugural offering.
Bybit revealed the new service on June 7th, which will allow retail investors to participate in IPOs through tokenized representations rather than traditional brokerage methods.
Key details of the program include:
• Platform users can access tokenized versions of publicly traded stocks through Payward’s xStocks tokenization service
• SpaceX registration and subscription periods will operate from June 7 through June 11, 2026, with final allocations determined between June 11 and 12
• Trading of tokenized shares is scheduled to commence on Bybit’s spot market starting June 12
• Investors can acquire shares at IPO prices without competing in secondary markets or maintaining traditional brokerage accounts
According to two sources familiar with the situation, SpaceX launched its roadshow last week and has generated approximately $150 billion in investor interest for its IPO, which is double the $75 billion the company aims to raise.
Another cryptocurrency exchange, Kraken, announced earlier this month that it had made SpaceX IPO access available to customers in over 110 countries through the xStocks platform.
Financial industry observers believe 2026 may mark a significant year for the U.S. IPO market, supported by a robust pipeline of prominent private companies and accumulated demand for new public listings.
