Bybit launches tokenized IPO service, allowing retail investors to subscribe directly to SpaceX (SPCX.US) at the issuance price.

Zhitong Finance App learned that Bybit, a cryptocurrency exchange, announced that it will provide a channel for retail investors to participate in tokenized initial public offerings at the issuing price. The first target will be SpaceX (SPCX.US). Bybit users can subscribe for tokenized certificates for listed stocks through xStocks, a tokenization platform under Payward.