SpaceX is conducting what's set to be the largest IPO in history, with shares listing on Nasdaq while Backpack Securities simultaneously launches SPCX, a tokenized version of SpaceX stock on the Solana blockchain that can be redeemed for underlying shares.
Senator Elizabeth Warren urged the Securities and Exchange Commission to pause SpaceX's initial public offering, citing potential risks to retail investors from valuation and governance issues. The request came one day before order books closed on what would be the largest listing in history.
Ondo Finance has partnered with Broadridge Financial Solutions to allow holders of its tokenized stocks and ETFs to participate in on-chain proxy voting, bringing tokenized equities closer to traditional brokerage account functionality. The feature covers Ondo's $700 million in tokenized equities across 250+ stocks.
Securitize has partnered with transfer agent giant Computershare to enable public companies to issue blockchain-based shares, potentially bringing $70 trillion in U.S. equities onchain. The agreement allows companies to tokenize stocks without changing existing market structure.
The U.S. Securities and Exchange Commission debuted a new podcast with crypto regulation featured prominently in the first episode. Commissioner Hester Peirce discussed the technology and regulatory approach, signaling crypto as a top priority for the agency in 2026.
