Kraken Opens SpaceX IPO Access in 110+ Countries With 24/7 Tokenized Trading

1 month ago 11

Rommie Analytics

Key Takeaways:

  • Kraken has released SpaceX IPO access for registered customers from over 110 countries.
  • Successful applicants will receive SPCXx, a tokenized asset backed 1:1 by SpaceX equity.
  • SPCXx will trade 24/7, including the first weekend after the IPO when traditional markets are closed.

Recently, SpaceX has become one of the big stories for an IPO, but it has been a traditionally institutional haven and a select group of investors until now. Now Kraken is trying to alter that with xStocks, which provides certain users around the world with a new method to enjoy the hallowed experience of trading on public exchanges before the bidding starts.

Read More: Deutsche Börse Bets $200M on Kraken, Targets Trillion-Dollar Tokenized Markets

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