According to CryptoBriefing, decentralized exchange PancakeSwap has listed SPCXB, a tokenized equity asset of SpaceX. Users can trade this token 24/7 through Binance's bStocks platform, gaining economic exposure to SpaceX's valuation. The token is backed by underlying equity held in custody by a licensed broker, and holders can theoretically redeem it for the underlying asset. Previously, the platform listed CSPX, a similar asset issued through the Swiss firm Colb/xStocks, and currently offers over 50 tokenized stocks and ETFs.
PancakeSwap launches tokenized SpaceX equity asset SPCXB
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