TechFlow News, June 13: Mantle announced the launch of SPCXx, a tokenized SpaceX equity issued by xStocks, enabling 24/7 on-chain trading beginning the same day SpaceX completes its historic largest IPO.
This asset is listed via Fluxion and Merchant Moe—platforms within the Mantle ecosystem. Fluxion employs xStocks’ Atomic RFQ mechanism, allowing issuers to directly mint and redeem tokens, completely eliminating AMM slippage and delivering institutional-grade execution. Meanwhile, Merchant Moe has launched its “Project X” incentive program, allocating 100,000 MNT to reward liquidity providers, with the first phase opening the SPCXx/USDT0 pool.
Mantle stated that SPCXx is the first tokenized stock to go live on-chain on its listing day, marking a seamless integration between traditional and on-chain markets for this decade’s most anticipated IPO. Going forward, more high-demand tokenized equities will be launched on Mantle using the same model: issued by xStocks, executed via Fluxion, and supported by Merchant Moe liquidity incentives.
