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SpaceX IPO access now available via xStocks

Kraken has introduced xStocks, a tokenized equities framework by Payward, allowing eligible customers in over 110 regions to participate in the SpaceX IPO via a 1:1 backed tokenized representation called SPCXx. This asset will be tradable 24/7 on Kraken and compatible DeFi venues, bypassing traditional market hours and geographic barriers.

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Why It Matters

It democratizes access to high-profile IPOs for retail investors globally and integrates traditional equity exposure into the blockchain ecosystem, enabling 24/7 trading and DeFi compatibility.