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Business
Source: The Block Crypto

Bybit, Binance, and Bitget Cancel Tokenized SpaceX IPO Allocations

Cryptocurrency exchanges Bybit, Binance, and Bitget have reportedly canceled tokenized SpaceX IPO allocations. This decision was made due to a reported shortage of shares. As a result, all three platforms are issuing full refunds and additional compensation to users affected by the cancellation.

By Fainaron·Jun 12, 2026 (2 days ago)·2 views
Bybit, Binance, and Bitget Cancel Tokenized SpaceX IPO Allocations

Cryptocurrency exchanges Bybit, Binance, and Bitget have announced the cancellation of their tokenized SpaceX IPO allocations.

The primary reason cited for this cancellation is a shortage of the underlying shares, preventing the platforms from fulfilling the allocations.

In response to the cancellations, all three exchanges are providing full refunds to affected users. Additionally, they are offering further compensation to those impacted by the decision.

According to The Block Crypto, this measure aims to address the inconvenience caused by the unexpected share shortage.

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Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by The Block Crypto. Read the original at The Block Crypto →

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