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02:31
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A major CEX launches IPO Prime, the first product tied to a SpaceX token

Gate News4月22日 says the Seychelles exchange has launched IPO Prime, a tokenized IPO pre-investment channel. The first batch is related to SpaceX, issued on Solana by Republic; the tokens do not confer equity, voting, or dividends, but instead track a reference index tied to post-listing valuations. During the short subscription window, investors pledge stablecoins; after issuance, the tokens can be traded on the spot market, which is shorter than the lock-up period of a traditional IPO. Industry analysts say this is part of a broader trend in the "aggregation era," consolidating more investors and platforms for continuous trading.
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02:12

Stablecoin Market Cap Hits All-Time High of $320 Billion

The stablecoin market hit a record $320 billion in total capitalization, up from under $5 billion in 2020, signaling sustained growth and rising adoption across the crypto ecosystem since early 2024. Abstract: The stablecoin market reached about $320 billion in total capitalization, marking significant growth from 2020 and indicating steady expansion through early 2024 with greater adoption and integration in the crypto ecosystem.
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