HashKey Chain Mainnet welcomes SpaceX tokenization special purpose fund

Recently, HashKey Chain announced the successful deployment of a tokenized special purpose fund share representing the American aerospace manufacturer SpaceX on its Mainnet, codenamed $SPCX. This move highlights HashKey Chain's position as the preferred public chain for financial and physical assets (RWA), further solidifying its role as an important platform for institutional asset on-chain.

The underlying structure of $SPCX is a special purpose vehicle established in the British Virgin Islands, (SPV), which provides investors with the opportunity to indirectly hold a portion of SpaceX equity. Currently, the pricing of $SPCX is set at $220 per share, offering a discount of 10-30% compared to similar SpaceX private equity secondary market prices. This product has entered the on-chain interactive phase, allowing users to complete on-chain subscriptions, redemptions, and transactions, with a total limit of 15 million USD.

Kay, the head of HashKey Chain, stated: "Private placement assets with high barriers and star-level status, like SPCX, being issued on-chain represent an important milestone in the release of RWA value. We hope to build a bridge through such cooperation for high-quality alternative assets and on-chain liquidity, allowing more users the opportunity to participate in the growth of leading global enterprises and the wave of development in the space economy."

This cooperation not only demonstrates the higher expectations of the new generation of asset issuers for on-chain issuance standards but also validates the comprehensive carrying capacity of HashKey Chain as the infrastructure for a new generation of financial public chains. As more quality assets are brought on-chain, the extension of on-chain finance is continuously expanding, from primary market equity, funds, to alternative assets such as minerals, collectibles, and carbon credits.

As a compliance-friendly blockchain infrastructure, HashKey Chain provides institutions with a secure and transparent on-chain environment. It inherits the decentralized security of Ethereum and enhances transaction efficiency through high-performance optimization, ensuring the stability and traceability of on-chain assets. In addition, HashKey Chain adopts high-performance, low-cost solutions, offering very low Gas fees and high throughput, allowing various financial assets to circulate efficiently and significantly reducing the operational costs for institutions on the blockchain.

Currently, HashKey Chain is working closely with leading financial institutions and compliant Web3 projects globally to provide optimal solutions for institutional-level DeFi, RWA tokenization, stablecoin settlement, and other application scenarios, promoting the digital and intelligent upgrade process of the financial system.

The successful deployment of $SPCX this time not only provides investors with the opportunity to access the early growth dividends of top global private companies but also paves the way for more high-quality assets to be tokenized in the future, promising to further promote the development and innovation of on-chain finance.