Bybit, Binance, Bitget cancel tokenized SpaceX IPO allocations after share shortage

First reported June 12, 2026 by The Block · covered by 2 sources

Bybit, Binance, Bitget cancel tokenized SpaceX IPO allocations after share shortage

All three providers are issuing full refunds and additional compensation to affected users.

Jun 12, 2026 · byThe Block

Bybit, Binance and Bitget Cancel Tokenized SpaceX Allocations as xStocks Fails to Deliver Shares

Three major crypto exchanges canceled their tokenized SpaceX IPO allocation campaigns Friday after xStocks could not source underlying shares, while rival onchain protocols from Ondo, xStocks' DeFi arm and Backpack launched successfully on the same morning.

Jun 12, 2026 · byThe Defiant