Binance Rolls Out SpaceX bStock as SPCX Stock Rallies Another 12%

Rupam Roy
Rupam Roy

Rupam Roy

Sub-Editor
Expertise : Crypto, Blockchain, Web3, Artificial Intelligence (AI), Global News, Stock Market
Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.
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Binance Wallet's SpaceX IPO Subscription Attracts $557M Funding

Highlights

  • Binance launches SpaceX bStocks, expanding its tokenized equity offerings.
  • SPCX stock surges 12%, reflecting strong investor demand.
  • SpaceX-linked futures become Binance’s second most traded derivatives product.

The leading crypto exchange, Binance, has intensified its push into tokenized equities with the launch of SpaceX bStocks. The move arrives at a time when interest in private space ventures is surging. Market momentum is clearly visible, with the SPCX stock witnessing a sharp 12% rally.

Binance Expands Tokenized Equity Offerings with SpaceX Listing

Binance has officially introduced a new tokenized security (bStocks) of SpaceX, labeled SPCXB, on its spot trading platform. According to the exchange’s latest announcement, trading for the SPCXB/USDT pair went live on June 12, 2026, at 17:00 UTC.

The platform also enabled automated trading tools for this pair, allowing algorithmic strategies to participate from day one. To attract early adoption, Binance has rolled out a zero maker fee promotion for SPCXB trades.

This incentive will remain active until the end of August 2026. Deposits and withdrawals for the token opened a few days later, giving traders time to prepare liquidity.

Meanwhile, beyond spot trading, Binance is already seeing explosive growth in SpaceX-linked derivatives. The SPCXUSDT perpetual futures contract has quickly climbed the ranks. It is now the second most traded futures product on the platform, trailing only Bitcoin contracts.

In addition, the crypto exchange reportedly commands over 60% of the market share in SpaceX perpetual futures trading. This dominance highlights strong user demand for exposure to the aerospace giant.

bStocks Strategy Gains Momentum, SPCX Stock Rallies

The SpaceX listing by Binance is not an isolated move. The crypto exchange has recently expanded its bStocks lineup to include several high-profile companies. These include tokenized versions of Circle, Nvidia, Tesla, Micron, and Sandisk.

In addition, the Binance news comes as SpaceX (SPCX) stock gained another 12% today at the time of writing, soaring past the $212 mark. Notably, the stock has touched an intraday high of $225.64 and a low of $195.13, respectively.

This has also helped the firm to attain a market cap of over $3 trillion. Besides, it also reflects the soaring confidence of traders towards the stock, which has also helped Elon Musk to become the first-ever trillionaire in the world.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.