HashKey Chain Mainnet Deployment of SpaceX Tokenization Fund Shares

Recently, HashKey Chain announced the successful deployment of SpaceX's tokenization special purpose fund shares $SPCX on its Mainnet. As an important public chain for financial and physical asset on-chain, HashKey Chain has collaborated with a certain asset tokenization platform to introduce a new asset class of high-quality unlisted equity globally for the first time, providing investors with the opportunity to participate in the early growth of top private companies. Currently, $SPCX is deployed only on HashKey Chain and another public chain.

$SPCX is launched by an asset tokenization platform, with the underlying structure being a special purpose vehicle established in the British Virgin Islands (SPV), providing investors with an indirect way to hold a portion of SpaceX equity. The current pricing of $SPCX is $220 per share, which is 10-30% lower than the current market prices for similar SpaceX private equity secondary market offerings. Currently, $SPCX has entered the on-chain interactive phase, allowing users to complete on-chain redemption and trading, with a limit of $15 million.

The head of HashKey Chain stated that on-chain issuance of high-barrier, star-level private placement assets like SPCX is one of the important scenarios for releasing the value of physical assets. HashKey Chain hopes to build a bridge connecting high-quality alternative assets with on-chain liquidity through this cooperation, allowing more users to participate in the growth of leading global enterprises and the space economy wave.

The co-founder of the asset tokenization platform believes that most assets will be positioned on-chain in the future, and first-level assets with global attention and long-term value, like SpaceX, should become the preferred representatives of physical assets on-chain. They chose HashKey Chain as the second public chain infrastructure after a certain public chain, hoping to accelerate the efficiency of global capital entering quality assets through this deployment.

With more high-quality assets being tokenized on-chain, from primary market equity and funds to minerals, collectibles, carbon credits, and other alternative assets, the scope of on-chain finance is continuously expanding. Whether it is the complexity of asset types, the rigor of compliance requirements, or the liquidity needs of global investors, HashKey Chain has validated its comprehensive capacity as a next-generation financial public chain infrastructure.

HashKey Chain is committed to promoting the compliance and scalable development of on-chain finance, providing institutions with a secure and transparent on-chain environment. Its technical architecture inherits the decentralized security of Ethereum and enhances transaction efficiency through high-performance optimization, ensuring the stability and traceability of on-chain assets. In addition, HashKey Chain adopts high-performance, low-cost solutions, offering extremely low Gas fees and high throughput, allowing financial assets such as money market funds, bonds, funds, and stablecoins to circulate efficiently, thereby reducing the operational costs of institutions on the blockchain.

Currently, HashKey Chain is deeply collaborating with leading global financial institutions and compliant Web3 projects to provide optimal solutions for institutional DeFi, tokenization of physical assets, stablecoin settlement, and other application scenarios, accelerating the digital and intelligent upgrade of the financial system.