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Bybit announced a live X Spaces session featuring Han and Naomi to discuss and answer questions about their new IPO Express platform, which enables eligible users to subscribe to tokenized IPO opportunities using digital assets.
Bybit has introduced the IPO Express platform, enabling eligible users to subscribe to tokenized IPO opportunities on its platform by using digital assets rather than traditional brokerage accounts. The first offering under this program is SpaceX, where participants can subscribe to xStock tokens that represent exposure to SpaceX shares, although these tokens do not grant direct ownership rights such as voting or dividends.
The process for the SpaceX IPO Express includes a registration and subscription period from June 7 to June 11, 2026, with allocations determined on a pro rata basis if the offer is oversubscribed. Subscriptions require USDC, with an indicative price range of 80–120 USDC per token and a minimum subscription of 100 USDC. After allocation, the SpaceX xStock tokens are delivered and can be traded on Bybit Spot from June 12, 2026. The offering is subject to regional restrictions, with users from the EEA excluded, and carries risks including possible price differences, subscription limits, and price volatility post-listing.
To join the Bybit IPO Express program, first ensure you meet eligibility criteria, including KYC Level 1 verification, residency outside the EEA, and holding enough USDC in your Bybit account. During the registration window (June 7–11, 2026), visit Bybit’s IPO Express platform and submit your subscription (minimum 100 USDC). Funds will be temporarily frozen for allocation; if your allocation is successful, you will receive SpaceX xStock tokens after June 12, 2026. Registration and all participation are available via the official sign-up link.
Bybit is a cryptocurrency exchange focused on derivatives trading, offering a proprietary platform with integration to TradingView for market analysis and execution. The broker supports leveraged trading up to 100x, a range of futures and perpetual contracts, copy trading for derivatives and spot markets, as well as 24/7 customer support and instant funding options. For a detailed overview of features and regulations, see the broker profile on Traders Union.
For additional context, the previous Bybit update covered the launch of a feature allowing users to earn rewards with their idle stablecoins such as USDe. You can read more details in the previous Bybit update on Traders Union.