A new niche of #RWA that you guys need to know about! Token representing the economic benefits from #SpaceX shares (a company owned by @elonmusk) were recently offered for sale through the @Paimon_Finance project. Paimon Finance is a project in the #RWA field with a pretty good idea: They took the Capital allocation model of large investment funds and traditional finance, then Tokenize it and put it all on-chain so that small investors could easily access assets that were previously only available to the super-rich. Typically, large funds will Chia Capital into two distinct parts: • Partially focused on stable cash flow and low risk. The remainder is used to hunt for high-growth opportunities. Paimon also builds its products based on this logic. 1. First product: Paimon Prime • Aim for a return of approximately 7% per year. • The assets underpinned are large corporate loans (private credit). • A major advantage is the flexibility to withdraw funds, without long-term lockouts. 2. Second product: Pre-IPO • Allowing people to access shares of companies before they go public, opportunities that were previously almost exclusively reserved for investment funds or large investors. ➥ In this latest campaign, Paimon launches xSPCX $SPCX: This Token represents the investment in SpaceX. • Behind the scenes are actual shares, held through a Special Purpose Vehicle (SPV) legal structure. • You can buy, hold, or trade directly on the blockchain. Here's the link: app.paimon.finance/launchpad According to the latest official announcement from Paimon Finance on X today, all 30,600 xSPCX tokens have been subscribed to. Check it out! For those who don't know about SpaceX: SpaceX is primarily owned by Elon Musk, but several large investment funds and financial institutions hold minority stakes. Current situation (April 2026): • SpaceX remains a privately held company. • It is preparing for an IPO (stock exchange listing) expected in mid-2026, with a very high target valuation (from 1.25 – 1.75 trillion USD). • Prior to the IPO, SpaceX shares were only traded on the secondary market (only for financially capable/accredited investors), priced at approximately $600–$660 per share (depending on the platform). • Token xSPCX =/ Paimon Finance's SPCX is an indirect economic exposure through an SPV, not a direct purchase of SpaceX shares. 3. Additional information about the Paimon project • Team: Founded by former Wall Street employees from Citadel, UBS, Goldman Sachs, PIMCO, Franklin Templeton… with over 60 years of experience and managing over $10 billion in AUM. • Backers: Strongly invested in and supported by YZi Labs (formerly Binance Labs). • Legal structure: Uses SPV + Fund regulated in BVI (SIBR/IFAF/25/0805), bankruptcy-remote, only provides economic exposure (not direct shares). • Partnership: Partner with DigiFT – an RWA platform licensed by MAS (Singapore) and SFC (Hong Kong). • Security: Smart contract audited by CertiK & SlowMist. Custody by Goldman Sachs, Cactus Custody. Proof of Reserve and audit by EY are available. • Transparency: Academic advisors from Stanford & Columbia.