EconomySpaceX’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 closing price of $147.89. A week earlier, Aave Labs proposed accepting tokenized SpaceX shares, SPCXc, as collateral on its V4 Equities Hub on Base. Risk adviser LlamaRisk published an assessment of the listing.
SpaceX’s $194 billion share unlock exposes a major risk in Aave’s tokenized stock ambitions
Economy