SpaceX’s $194 billion share unlock exposes a major risk in Aave’s tokenized stock ambitions
About 1.3 billion SpaceX shares become eligible for sale on Oct. 22, worth roughly $194.3 billion at the Oct. 20 close of $147.89. A week earlier, Aave Labs proposed accepting tokenized SpaceX shares (SPCXc) as collateral on its V4 Equities Hub on Base. Aave's risk adviser LlamaRisk published its assessment of the listing on Oct.… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- About 1.3 billion SpaceX shares become eligible for sale on Oct.
- 22, worth roughly $194.3 billion at the Oct.
- A week earlier, Aave Labs proposed accepting tokenized SpaceX shares (SPCXc) as collateral on its V4 Equities Hub on Base.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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