According to the Wall Street Journal, Citigroup is using blockchain technology to offer wealthy and institutional clients tokenized shares of private companies. The bank connects investors with private equity through digital depositary receipts, marking the latest move by a major traditional bank into digital assets. Editor: GoodInfo Global News Team
Summary SpaceX officially launched its initial public offering on June 11, drawing over $70 billion in retail investor orders and setting a new record for tech IPOs. In an unprecedented move, SpaceX shares will also trade as tokenized assets on the Solana blockchain on the very same day they list on Nasdaq, marking the first deep integration between traditional finance and crypto markets. Details According to Bloomberg, SpaceX’s IPO attracted over $70 billion in retail orders, far exceeding the previously expected $55 billion fundraising target. This figure reflects strong global investor confidence in the space economy supply chain. ...