SpaceX IPO powers record $3.86 billion in tokenized equities trading in June

CoinDesk·

SpaceX IPO powers record $3.86 billion in tokenized equities trading in June

60-second summary

SpaceX tokens are driving a surge in tokenized equities trading with $1.19 billion in volume in June, accounting for 31% of the total $3.86 billion. Backpack's SPCX token leads the charge with $1.08 billion in trading volume, underscoring the growing demand for tokenized assets and their potential to disrupt traditional financial markets.

SpaceX tokens captured $1.19 billion, or 31% of total monthly volume, with Backpack’s SPCX leading trading at $1.08 billion.