Binance Wallet launches SpaceX tokenized stock subscription event; 200 Alpha Points can earn 500,000 staking quotas.

According to an official announcement, Binance Odaily will launch the SPCXx IPO Campaign, offering eligible users the opportunity to participate in the subscription of SpaceX tokenized shares through xStocks. The application period is from 16:30 on June 11th to 12:00 on June 12th (UTC+8). The announcement indicates that the target of this subscription is SpaceX tokenized stock SPCXx, with an indicative price of 135 USDC per token, corresponding to an implied valuation of approximately $1.75 trillion. USDC is accepted for subscription, with a minimum subscription amount of 100 USDC and a 5% underwriting service fee. This event utilizes Binance Wallet's Alpha Points tiered allocation mechanism, where users with Alpha Points greater than 0, 40, 100, and 200 will receive 20,000, 100,000, 200,000, and 500,000 staking quotas respectively. Successful subscribers will receive SPCXx tokens upon completion of the issuance. Binance stated that SPCXx does not represent direct ownership of SpaceX stock, and holders do not enjoy shareholder rights such as voting rights and dividend rights. Subscription applications are not guaranteed to be allocated.