The post SpaceX IPO powers record $3.86 billion in tokenized equities trading in June appeared on BitcoinEthereumNews.com.
Tokenized equities posted record trading activity in June as investors piled into blockchain-based versions of SpaceX (SPCX) stock following the aerospace company’s blockbuster initial public offering. On-chain trading volume climbed 145% from May to $3.86 billion, according to CoinDesk Data’s latest Stablecoins & Tokenized Assets report. Tokenized SpaceX shares accounted for $1.19 billion of the total, or about 31% of all tokenized equity trading during the month. The surge followed SpaceX’s $75 billion IPO, the largest on record, which valued the company at roughly $1.8 trillion on a fully diluted basis. Backpack Securities’ SPCX token was the most popular tokenized version of the stock, with $1.08 billion in onchain trading volume, followed by xStocks’ SPCXx, which reached $852 million. The figures point to a change in what is driving demand for tokenized equiti
The SEC’s 2026 Regulatory Agenda signals a broader push to modernize U.S. capital markets through crypto clarity, IPO reform, and expanded private market access. Why the SEC Is Recasting Market Rules Around Innovation Securities and Exchange Commission (SEC) Chairman Paul Atkins released a July 7 statement on the 2026 Regulatory Agenda, placing crypto, IPOs, and […]
The post SpaceX (SPCXB) Draws $300 Morgan Stanley Overweight in Coverage Debut appeared on BitcoinEthereumNews.com.
SPCXB News SpaceX (SPCXB) drew its first heavyweight Wall Street endorsement as Morgan Stanley opened coverage with an Overweight rating and a $300 base-case price target, alongside a $600 bull case. Analyst Adam Jonas reframed the newly listed company not as a rocket launcher but as an artificial-intelligence infrastructure platform, arguing its Starlink satellite network and low-latency connectivity will underpin autonomous vehicles, robots and drones. The base target implies roughly 90% upside from recent trading near $160. Jonas projected revenue could reach about $319 billion by 2030 and $3.3 trillion by 2040, driven primarily by Starlink and AI rather than traditional launch services. A second catalyst arrives with SpaceX’s entry into the Nasdaq-100 Index. JPMorgan estimates the inclusion could trigger roughly $4.3 billion in automatic purchases by passive investmen
The post What SK Hynix’s Nasdaq debut and SpaceX’s Nasdaq 100 entry mean for investors appeared on BitcoinEthereumNews.com.
The Nasdaq is likely to take center stage for two of the market’’s most closely watched companies this week, although for very different reasons. South Korean memory chip giant SK Hynix is preparing to launch one of the largest American Depositary Receipt (ADR) offerings ever seen in the United States, while recently listed SpaceX is set to join the Nasdaq 100 just weeks after completing the largest IPO in history. Although these events are different, both represent important milestones that could significantly influence investor demand. In each case, Nasdaq is making the companies more accessible to global investors, expanding institutional and retail ownership and potentially attracting billions of dollars of passive capital. Yet history suggests that improved accessibility does not always translate into immediate share price gains. Could SK Hynix’s Nasdaq ADR L
Polygon's transaction surge underscores its strategic pivot to stablecoins and payments, enhancing its competitive edge in the blockchain space.
The post Polygon achieves record 7.5M weekly transactions as stablecoin strategy gains traction appeared first on Crypto Briefing.
The post 100 Days to Go: Blockchain Africa Conference 2026 Set to Return to Johannesburg for Its 12th Edition appeared on BitcoinEthereumNews.com.
Johannesburg, South Africa – 7 July 2026 – With 100 days to go, Bitcoin Events is counting down to the 12th edition of the Blockchain Africa Conference (BAC26), taking place on 15 October 2026 in Johannesburg. As Africa’s longest running blockchain and digital assets conference, BAC26 will once again bring together bankers, regulators, institutional investors, developers, and founders to chart the continued mainstreaming of digital assets across the continent. Now entering its second decade, the conference has grown into one of the most established gatherings of its kind on the continent, having welcomed more than 11,270 attendees, hosted over 410 speakers, and drawn delegates from more than 165 countries over the course of its history. Date: 15 October 2026 Location: Johannesburg, Gauteng, South Africa BAC26 will bring together industry lea
SpaceX's Nasdaq-100 entry highlights the volatility of large IPOs and the impact of index inclusion on stock dynamics and investor sentiment.
The post SpaceX joins NASDAQ-100, $SPCX slides 5% on first day appeared first on Crypto Briefing.
The post The Space Industry Boom: SpaceX IPO Ignites Investor Interest in Rocket Lab and AST SpaceMobile appeared on BitcoinEthereumNews.com.
Key Takeaways In mid-June, SpaceX completed its public offering with a record-breaking $2 trillion market capitalization Investment analyst Jonathan Siegmann from Stifel maintains Buy ratings on SpaceX, Rocket Lab, Kratos, Applied Aerospace, MDA Space, and Spire Global The Neutron launch system from Rocket Lab, designed to carry approximately 30,000 pounds to orbit, is scheduled for initial operations in late 2026 An $8 billion acquisition of satellite communications provider Iridium Communications by Rocket Lab is underway With strategic alliances including Verizon and AT&T, AST SpaceMobile is projected to see 340% revenue expansion in 2027 The space industry witnessed a transformative moment in mid-June 2026 when SpaceX launched its initial public offering, establishing itself as the largest market debut in financial history. The aerospace pion
Dune data shows Tether's USDT has become crypto’s dominant payments stablecoin while Circle's USDC powers DeFi, highlighting how blockchain choice shapes stablecoin use.