Binance cancels SPCXx IPO event and airdrops approximately US$1 million equivalent in SPCXB token compensation to participants

On June 13, according to Binance's announcement, BinanceWallet canceled the SPCXx IPO event due to "uncontrollable factors". All USDC locked by participating users will be returned in full, which is expected to be completed before 2026-06-12; At the same time, a total of approximately US$1 million equivalent of bStocksSpaceX tokens SPCXB will be airdropped to participating users based on participation, and is expected to be released to spot accounts before 2026-06-18. SPCXB is a tokenized security that anchors SpaceX shares 1:1, holds the underlying shares by a regulated custodian, and provides proof of reserve. It will be traded on the Binance spot market in the future.