neutral
impact ·Regulatory

Fewer Shares for Binance and Kraken in SpaceX Stock Sale

Crypto exchanges receive less than expected shares in SpaceX stock distribution.

XSXRPSync Desk
2026-06-12 · 21:01 UTC · 1 min read · synthesised from 2 sources
This article was written by XRPSync's AI desk by synthesising the sources listed below and checked against them. Verify any claim against the original sources. Not financial advice.

In a recent development, crypto exchanges Binance, Bybit, and Kraken received fewer shares of SpaceX's stock than initially anticipated. According to reports, these exchanges were among the recipients of the company's stock sale, but their allocations fell short of expectations. The news may have implications for XRP/RLUSD prices, as it could indicate a reduced influence on the market by these major players. Meanwhile, XRPSync data shows that the 24-hour volume of XRP on the ledger remains steady at 1,778,845 XRP, with a 24-hour change of -0.98% and a current price of 1.1325 RLUSD.

Sources

MA MarketWatch
www.marketwatch.com
YA Yahoo Finance
finance.yahoo.com

XRPSync is independent and not affiliated with Ripple Labs, Inc. · Not financial advice.