In other synthetic token news, an exchange says they can’t get their synthetic token holders real exposure for a company going public on another exchange because, well, the synthetic tokens turned out to be not real shares. Or something like that. Maybe tokens should actually be approved by the issuer and therefore be the actual underlying share. Just a thought.
NEW: Crypto exchange Bybit says users will not receive SpaceX ($SPCX) IPO allocations after xStocks was unable to deliver the underlying shares.