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…
About 1.3 billion SpaceX shares worth roughly $194.3 billion at the $147.89 Oct. 20 close become eligible for sale on Oct. 22. A week earlier, Aave Labs proposed accepting tokenized SpaceX shares (SPCXc) as collateral on its V4 Equities Hub on Base, and risk adviser LlamaRisk published its assessment of the listing. The looming unlock could pressure SpaceX's share price and test the collateral assumptions behind Aave's tokenized-equity ambitions, a risk traders should watch if the SPCXc listing proceeds.
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27M AGOCrypto Briefing · Score 35 · via Aave, LlamaRisk
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31M AGOThe Defiant · Score 25 · via Share Unlock, Aave
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52M AGOYou’re reading thisSpaceX’s $194 billion share unlock exposes a major risk in Aave’s tokenized stock ambitionsCryptoSlate · Score 45
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22H AGOCrypto Briefing · Score 35 · via Aave tokenized, Aave
