DUBAI, UAE, June 7, 2026 — Bybit announced the launch of Bybit IPO Express, becoming one of the first centralized crypto exchanges globally to offer tokenized IPO access at the offering price. Powered by Payward Services’ xStocks, eligible retail investors can subscribe to tokenized representations of publicly traded equities, starting with SpaceX.
Timeline for eligible Bybit users:
- Registration Period (June 7–11, 2026): Users register interest and review offering details
- Subscription Window (June 7–11, 2026): Submit subscription requests within announced IPO price range; funds committed until allocation
- Allocation (June 11–12, 2026): SPCX tokens distributed pro-rata; unused funds refunded automatically
- Bybit Spot Listing (June 12, 2026): Tokenized SpaceX shares available for trading
The xStocks IPO framework maintains institutional-grade compliance standards. On public listing day, allocations are finalized and IPO shares are tokenized, backed 1:1 by real equity held in regulated broker-dealer custody.