Sunrise (@sunrisedefi) on X (original) (raw)
Any asset, any chain. Live on Solana from day one. DeFi asset gateway for token listings, day-one liquidity, and canonical markets.
- Pinned

$SPCX
is now live on
@solana
via Sunrise. The biggest IPO in history priced on Nasdaq this morning. Issued by
@Backpack
Securities,
$SPCX
brings a tokenized SpaceX share onchain, on day one, trading across every Solana wallet and app 24/7. Own something. - Sunrise reposted

day one of
$SPCX
onchain and you can already: > trade it > lend/borrow against it > LP it and capture fees > set limit orders for your exact price > trade perps on it no CEX offers this. Solana shipped the full stack for the biggest IPO ever.. and didn't blink. the future - Sunrise reposted

Backpack pulled off something no one else managed with the SpaceX listing. -
@Backpack
Securities, a regulated US broker-dealer, issued
$SPCX
: a token backed 1:1 by real SpaceX shares that it bought through normal channels and holds in custody. - It went live and started 
Over $37M in onchain volume across
@solana
for
$SPCX
in the first 12H Issued by
@Backpack
Securities. Brought to Solana DeFi by Sunrise 🌅
- Sunrise reposted

.
@rachit
from
@sunrisedefi
explains how tokenized stocks stay priced after market close - Mature trading desks have pricing models built from previous IPOs -Those models reference data across desks continuously through the weekend - Principal market makers quote the asset to 


Nasdaq is closed. Solana is still open.
$SPCX
. 24/7.

$SPCX
is now the #1 tokenized stock on
@solana
by volume, with over $15M+ only three hours after launch. via
@Backpack
and Sunrise.