TechFlow News, June 11: According to an official announcement, Binance Wallet has launched the SPCXx IPO Campaign, enabling eligible users to participate in a non-guaranteed subscription for SpaceX’s tokenized securities via xStocks.
The subscription application period runs from 08:00 on June 11, 2026, to 12:00 on June 12, 2026 (UTC+8). Users who successfully receive allocations will be issued SPCXx tokens upon completion of the offering; unallocated funds will be fully refunded.
This token is provided by Backed through xStocks and is designed to offer price exposure linked to SpaceX’s IPO. It does not represent direct ownership of SpaceX shares and confers no shareholder rights—including voting or dividend rights. The minimum subscription amount is 100 USDC, with an indicative price of 135 USDC per token and an underwriting service fee of 5%.
Additionally, this subscription employs Binance Wallet’s Alpha Points tier-based allocation system. The specific allocation calculation is as follows: Alpha Points > 0: staking allocation of 20,000; Alpha Points > 40: staking allocation of 100,000; Alpha Points > 100: staking allocation of 200,000; Alpha Points > 200: staking allocation of 500,000.
