SpaceX Tokens Dominate Tokenized Equities | Bitcoin and Crypto News

SpaceX’s blockbuster IPO sent tokenized equities soaring in June, with blockchain versions of its stock dominating trading volume and market cap. Backpack Securities’ SPCX led the charge with over $1 billion traded, followed by xStocks’ SPCXx with $852 million — outpacing even giants like Nvidia and Tesla. The sector hit a record $1.53 billion market cap, marking its 15th straight month of growth. Meanwhile, stablecoins suffered their biggest monthly drop since TerraUSD’s collapse, signaling a major shift toward tokenized traditional assets as crypto adoption evolves. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/56980aec90df4a01