Leading cryptocurrency exchange, Binance, has intensified its efforts towards tokenized shares with the launch of SpaceX bStocks. This step comes at a time of increasing interest in private space projects. The market momentum is clearly visible, with SPCX stock seeing a sharp 12% rise.
Binance expands token stock offerings with SpaceX listing
Binance has officially introduced a new security token (bStocks) for SpaceX, called SPCXB, on its spot trading platform. According to the latest stock market news advertisementTrading of the SPCXB/USDT pair began on June 12, 2026, at 17:00 UTC.
The platform has also enabled automated trading tools for this pair, allowing algorithmic strategies to participate from day one. To attract early adoption, Binance has launched a no-maker-fee promotion for SPCXB trades.
This incentive will remain active until the end of August 2026. Deposits and withdrawals for the token were opened a few days later, giving traders enough time to prepare liquidity.
Meanwhile, alongside spot trading, Binance is already seeing explosive growth in derivatives linked to SpaceX. The perpetual futures contract SPCXUSDT has quickly climbed to the highest levels. It is now the second most traded futures product on the platform, behind only Bitcoin contracts.
In addition, JCryptocurrency exchange orders are said to be More than 60% market share in SpaceX perpetual futures trading. This dominance highlights the strong demand by users for exposure to the aviation giant.
bStocks Strategy Gains Momentum, SPCX Shares Rise
The listing of SpaceX by Binance is not an isolated move. The cryptocurrency exchange recently expanded its bStocks lineup to include several notable companies. these Include premium versions From Circle, Nvidia, Tesla, Micron, and SanDisk.
Additionally, the Binance news comes as SpaceX (SPCX) stock is up another 12% today at the time of writing, surpassing the $212 mark. Notably, the stock touched an intraday high of $225.64 and low of $195.13, respectively.
This has also helped the company achieve a market value of over $3 trillion. Moreover, it also reflects the growing confidence of traders towards the stock, which also helped Elon Musk become the world’s first ever trillionaire.
