Raydium lists tokenized SpaceX shares for weekend trading

Raydium, which is the highest-volume decentralized exchange on the Solana network with more than $1 trillion in cumulative trading volume, is set to list tokenized SpaceX (SPCX) shares. The platform plans to launch trading for these tokenized shares within two hours of the company's initial public offering on the Nasdaq, enabling global investors to access the SpaceX IPO through onchain markets from day one.^[1][2]

In traditional finance, brokerages close their doors after the first trading session, and the closing bell typically prevents investors from trading until markets reopen on Monday morning. Raydium operates differently by keeping its markets open, allowing tokenized SpaceX shares to be traded onchain 24/7 and throughout the entire weekend.^[1][2]

This continuous trading model on Solana provides uninterrupted access to the tokenized SPCX shares. As a result, global market participants can actively trade the asset over the weekend, bypassing the standard operational hours and weekend pauses that characterize traditional stock brokerages. This ensures that the closing bell of traditional markets does not limit investor access.^[1][2]