Wu Blockchain (@WuBlockchain): Just In: xStocks, the Source Behind Multiple CEX SpaceX Offerings, Reportedly Faces Reduced SpaceX Allocation
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Just In: xStocks, the Source Behind Multiple CEX SpaceX Offerings, Reportedly Faces Reduced SpaceX Allocation According to the Kraken growth team, the SpaceX Pre-IPO allocation received from underwriters came in below expectations, while user subscription demand significantly exceeded available supply. As a result, Kraken was only able to partially fulfill orders, with all unfilled portions set to be fully refunded. Exchanges offering xStocks or tokenized stock exposure, including Kraken, Bybit, Binance, and Bitget, may also be affected. Community feedback indicates that users whose subscriptions were successfully allocated on Kraken all received the same amount: 4.2786 SPCX.