SpaceX Tokenized BStocks Rises, Price Nears $150
The price of SpaceX Tokenized bStocks (SPCXB) rose 0.70% to reach $149.54, supported by a 10% increase in 24-hour trading volume and approximately $12 million in transaction value. This modest appreciation is largely attributed to a sector-wide narrative boost rather than specific developments within SpaceX itself. The primary catalyst for this movement was Ethena's announcement on September 27 regarding the expansion of its USDe stablecoin collateral to include tokenized U.S. equities via Binance’s bStocks. This strategic pivot by a major DeFi protocol has catalyzed broader interest in tokenized equity products, creating a rising tide effect across the RWA sector. While the price action remains sentiment-driven, it highlights the increasing utility and institutional focus on integrating traditional equities into decentralized finance frameworks. Analysts note that the asset is currently consolidating near the $150 level, with future momentum dependent on broader market sentiment and volume confirmation. This trend underscores the growing interconnectedness between DeFi protocols and tokenized traditional assets, signaling a shift in how capital rotates into RWA narratives.