SpaceX IPO powers record $3.86 billion in tokenized equities trading in June
SpaceX tokens captured $1.19 billion, or 31% of total monthly volume, with Backpack’s SPCX leading trading at $1.08 billion....
Key takeaways
- 1Tokenized equity trading surged 145% in June to record $3.86 billion, driven by SpaceX IPO interest.
- 2SpaceX tokens captured $1.19 billion or 31% of total volume, with Backpack's SPCX reaching $1.08 billion.
- 3Tokenized equities sector hit record $1.53 billion market cap in June, marking 15 consecutive months of growth.
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Why it matters
This shows Indian retail investors can now trade major global IPOs like SpaceX through blockchain tokens with higher liquidity and accessibility than traditional markets. The explosive growth signals a structural shift toward tokenized assets as a mainstream trading alternative.
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