Key facts
- Kraken is offering access to the SpaceX IPO through its xStocks platform.
- The offering allows participation via tokenized equity instruments.
- Eligible users in over 110 markets can register for access.
- The offering is not available on Kraken Pro or the desktop platform.
Crypto exchange Kraken has launched a new service, xStocks, which allows eligible users in over 110 markets to gain access to initial public offerings (IPOs) through tokenized equity instruments. SpaceX will be the first company featured on the platform for its highly anticipated public listing. To participate, users need a verified Kraken account on the mobile app and must submit an application for IPO access. This offering is not accessible through Kraken Pro or the desktop platform, signaling a move towards integrating traditional financial markets with cryptocurrency infrastructure.