# MEXC Closes Gap to Wall Street with SpaceX Futures Crypto exchanges are competing with traditional financial markets. - **Source:** [CryptoCurrency – Finance Magnates | Financial and business news](https://brifing.si/source/b5a2ce51-ec8e-4702-886b-778de5971605) - **Published:** 2026-07-14 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/73def0a0-d8e0-4b55-8758-3d279a2b7f03 ## MEXC's Success with SpaceX Futures MEXC reached $7.1 billion in trading volume for perpetual futures tied to SpaceX shares. This figure came in the weeks following the rocket company's IPO and is based on the exchange's Q2 report. ## Tokenized Equity Offerings MEXC conducted two pre-IPO subscription rounds for SpaceX, raising over $173 million USDT from more than 74,000 entries. Users could trade tokenized versions of the shares without leaving the platform. ## RealStocks Completes the Service RealStocks launched on June 1, routing orders for US stocks and ETFs through a licensed broker. The service offers dividends to buyers, not just price exposure. ## Binance and Kraken's Similar Moves Binance opened access to nearly 7,000 US stocks on June 1. Kraken opted for tokenized equities, with its xStocks brand reaching $25 billion in cumulative transaction volume. ## The Rise of Perpetual Futures Pepperstone expanded its perpetual futures offerings beyond SpaceX to include metals, stock indices, and energy products. These contracts are bridging crypto and traditional finance. ## US Investors Excluded Tokenized equity products are closed to US investors. Kraken's SpaceX token also excludes users in the UK, Canada, and Australia. Europe is tightening regulations with MiCA licensing requirements. ## Sources covering this story - https://www.financemagnates.com/cryptocurrency/crypto-exchanges-close-the-gap-to-wall-street-as-mexc-logs-71-billion-in-spacex-futures/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._