Binance launches SpaceX bStocks, sparking frenzy
CRYPTOCURRENCY

Binance launches SpaceX bStocks, sparking frenzy

1 min read

Binance has introduced tokenized SpaceX shares (ticker SPCXB) on its spot market, activating the SPCXB/USDT pair at 17:00 UTC on June 12.

Launch Mechanics

The exchange rolled out automated trading tools for the new pair from the moment trading began, and it offered a zero‑maker‑fee incentive that will stay in effect until the end of August 2026. A short window after launch, Binance enabled deposits and withdrawals for SPCXB, allowing investors to move the token on and off the platform.

Derivatives Momentum

Binance reports that it now commands over 60 % of the market for SpaceX perpetual futures, underscoring the rapid adoption of crypto‑native exposure to the aerospace firm. The SPCXUSDT perpetual futures contract has climbed to become the second‑most traded futures product on Binance, trailing only Bitcoin futures.

Investor Outlook

Growing demand for SpaceX‑linked assets reflects a broader trend among investors seeking blockchain‑based alternatives to traditional equity exposure. As the tokenized equity roster expands, Binance positions itself as a primary gateway for crypto‑savvy participants to capture the upside of SpaceX’s valuation, which recently surpassed $3 trillion.