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

Odaily Planet Daily News According to an official announcement, Binance Wallet has cancelled the SPCXx IPO event due to "uncontrollable factors." All USDC locked by participating users will be fully refunded via the original channel, with completion expected before 2026-06-12. At the same time, based on participation status, Binance Wallet will airdrop a total of approximately $1 million worth of bStocks SpaceX tokens (SPCXB) to participants, expected to be distributed to spot accounts before 2026-06-18. SPCXB is a tokenized security pegged 1:1 to SpaceX stock, with underlying shares held by a regulated custodian that provides proof of reserves. It will subsequently be listed for trading on the Binance spot market.