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Binance Wallet Launches SPCX IPO Campaign, Reference Price 135 USDC with 1.75T Valuation on June 11

GateNews
Stocks
SPCX2.70%
USDC-0.01%
According to Binance Wallet, on June 11, the platform launched an SPCX x IPO Campaign offering qualified users access to tokenized SpaceX securities through the xStocks mechanism. The minimum purchase amount is 100 USDC at a reference price of approximately 135 USDC, corresponding to a 1.75 trillion dollar valuation. The application window runs from June 11 to June 12, 2026. SPCXx is a tokenized asset issued by Backed via xStocks that provides price tracking exposure only and does not grant direct equity ownership, dividends, voting rights, or shareholder benefits. Participation uses tiered allocation based on Binance Wallet Alpha Points, with maximum allocation reaching 500,000 USDC per tier.
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