Crypto Market Update: Crypto Exchanges Roll Out Tokenized SpaceX Shares

Bitcoin (BTC) was priced at US$63,575.17 , trading flat over the past 24 hours.

Ether (ETH) was priced at US$1,665.33, trading 0.8 percent lower over the last 24 hours.

Altcoin price update

• XRP (XRP) was priced at US$1.13, trading 0.8 percent lower in 24 hours.

• Solana (SOL) was trading at US$66.74, trading 0.2 percent lower over the past 24 hours.

Today's crypto news to know

Tokenized SpaceX shares roll out

Several cryptocurrency exchanges rolled out tokenized SpaceX (NASDAQ:SPXC) shares in parallel with the Elon Musk-led company’s initial public offering (IPO) on Friday.

The products include Ondo Finance's SPCXon, Kraken's SPCXx on xStocks and Backpack-issued SPCX on Solana. All of them offer 1:1 tokens backed by actual shares.

In addition, Hyperliquid launched a pre-IPO perpetual contract providing synthetic exposure only, meaning users gain price exposure, but cannot redeem for underlying shares.

Mastercard introduces Agent Pay

Mastercard (NYSE:MA) has introduced Agent Pay for Machines (AP4M), a payments infrastructure system aimed at letting artificial intelligence (AI) agents and machines conduct transactions.

AP4M lets AI agents and machines send, receive and pay for services autonomously, supporting payments via cards, bank accounts and stablecoins. It also enables businesses to create services that AI agents can buy and use directly.

Mastercard believes the future of commerce will include AI agents making purchasing decisions on behalf of users or systems, and AP4M is built to handle the unique demands of this model.

According to the company, more than 30 industry participants are backing the initiative, including fintech, legacy finance and crypto firms such as Coinbase Global (NASDAQ:COIN).

Initial agent permissions and identities will be recorded on Polygon.