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Mantle launches tokenized SpaceX equity SPCXx online
Deep Tide TechFlow News — On June 13, Mantle announced the launch of tokenized SpaceX equity SPCXx, issued by xStocks. On the same day as SpaceX’s largest IPO in history, 7×24-hour on-chain trading was launched simultaneously.
The asset was listed through the Mantle ecosystem platform, Fluxion, and Merchant Moe. Fluxion uses xStocks’ Atomic RFQ mechanism, supporting issuers to directly mint and redeem, completely avoiding AMM slippage and delivering institutional-grade execution. Meanwhile, Merchant Moe launched the “Project X” incentive program, deploying 100,000 MNT reward streams to liquidity providers, with the initial SPCXx/USDT0 pool now open.
Mantle stated that SPCXx is the first tokenized stock to land on-chain on its first day of listing, marking the most anticipated IPO of this decade with a seamless connection between traditional markets and on-chain markets. Going forward, more high-demand tokenized stocks will be launched on Mantle in the same way: xStocks issues, Fluxion executes, and Merchant Moe provides liquidity incentives.