Binance Wallet Cancels SPCXx IPO Event, Airdrops $1 Million Worth of SPCXB Tokens to Users

Odaily news, according to an official announcement, Binance Wallet has canceled the SPCXx IPO event due to "unforeseen factors." All USDC locked by participating users will be fully refunded via the original channel, expected to be completed by June 12, 2026. Additionally, participating users will receive a total airdrop of approximately $1 million worth of bStocks SpaceX tokens (SPCXB), distributed based on their participation, with distribution expected to be completed to spot accounts by June 18, 2026. SPCXB is a tokenized security, pegged 1:1 to SpaceX stock, with the underlying shares held by a regulated custodian that provides proof of reserves. It will subsequently be listed for trading on the Binance spot market.