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382 Binance, Bybit Cancel SpaceX IPO Allocations After Shortfall

The Information
Yueqi Yang @ The Information · 06/12/2026 16:08 EDT

Crypto platforms Binance, Bybit and Bitget said Friday they had to cancel plans to offer tokens backed by SpaceX stock to overseas investors during the IPO after their partner in the venture, Kraken-owned xStocks, couldn’t secure enough SpaceX stock. The episode is a setback for crypto ...

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