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Ondo launches tokenized SpaceX shares on IPO day across Solana, Ethereum and BNB Chain

Photorealistic header showing a SpaceX rocket above a ticker with SPCXon tokens on Solana, Ethereum, and BNB Chain.

Ondo Finance said it has brought tokenized SpaceX exposure onchain on the same day of the company’s IPO, with SPCXon live across Solana, Ethereum and BNB Chain. In an official post on X, the company described the launch as the first time a trillion-dollar IPO was tokenized on day one.

The announcement was posted on Ondo Finance’s account on X and was echoed in a later recap that said the tokenized stock product was also supported by Uniswap. The available source material also points to active token listings on-chain, including a DefiLlama asset page for SPCXon on DefiLlama’s RWA tracker, though that tracker does not itself provide a full project release or every launch detail.

Ondo’s own follow-up said the tokenized stock rollout had already generated tens of thousands of trades and more than $20 billion in cumulative tokenized stock volume across its products. A separate official post said SPCXon crossed $1 million in volume within an hour after launching on BNB Chain, but the available sources do not yet show whether that pace has held beyond the initial surge.

The launch fits into a broader push around real-world asset tokenization, where equities and other traditional instruments are represented on blockchain rails. In this case, the key change is not just that SpaceX exposure was tokenized, but that Ondo says it was made available across multiple chains at launch rather than on a single network.

Some details remain unclear from the available material, including the scope of any regulatory clearance behind the product and whether the early trading activity can be sustained. Additional confirmation on those points has not been published in the sources reviewed so far.