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Binance Wallet cancels SPCXx IPO event and airdrops $1 million worth of SPCXB tokens to users

2026-06-12 15:56

Odaily Planet Daily News According to an official announcement, Binance Wallet has canceled the SPCXx IPO event due to "uncontrollable factors." All USDC locked by participating users will be fully returned via the original channel, expected to be completed before June 12, 2026. Additionally, based on participation, a total of approximately $1 million worth of bStocks SpaceX tokens (SPCXB) will be airdropped to participating users, expected to be distributed to spot accounts before June 18, 2026. SPCXB is a tokenized security that is 1:1 pegged to SpaceX stock, with the underlying shares held by regulated custodians and providing proof of reserves. It will subsequently be listed for trading on the Binance spot market.