Binance Wallet's SpaceX IPO Campaign Draws $557M in Subscription Funds

The Binance Wallet's SpaceX IPO campaign has attracted massive interest from investors, drawing in over $557 million in subscription funds. This figure comes from nearly 27,689 onchain addresses participating in the offering, highlighting strong demand for blockchain-based access to pre-IPO opportunities.

Smaller investors accounted for most of the participating addresses, while larger wallets supplied the majority of committed capital. The indicative subscription price for SPCXx, a tokenized security linked to SpaceX's planned IPO, was set at 135 USDC per token, excluding fees.

Binance emphasized that submitting funds does not guarantee an allocation, and the final offering price will be determined after the subscription period concludes.