TechFlow News: On June 12, according to an official announcement, Binance Wallet has canceled the SPCXx IPO event due to uncontrollable factors. USDC locked by participating users will be fully refunded to their Binance Wallets via the original payment method; no action is required from users, and refunds are expected to be processed in batches by June 12, 2026.
Meanwhile, Binance will airdrop a total of $1 million worth of bStocks SpaceX tokens (SPCXB) to all participating users. The tokens are expected to be automatically distributed to users’ Binance spot accounts by June 18, 2026. According to the announcement, SPCXB is a tokenized security pegged to SpaceX’s stock price and backed 1:1 by real SpaceX shares held by a regulated custodian.
