NewsHK
Three of the world's largest crypto exchanges — Binance, Bybit and Kraken — secured allocations of SpaceX shares that fell short of expectations, according to reports, with one of the three emerging from the process in a notably weaker position than its peers.
The shortfall underscores the intensifying competition among crypto-native platforms to gain exposure to high-profile private-market assets as they push further into traditional finance.
Unequal Allocations Across the Three Platforms Binance, the exchange behind the $BNB token, joined Bybit and Kraken in pursuing SpaceX equity, but all three ended up with less than they had sought.
The source does not specify the precise allocation each platform received, nor does it identify which of the three was hit hardest by the shortfall.
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