Recent data indicates that cryptocurrency investors have poured about $557 million into the Binance Wallet's onchain subscription for SpaceX's IPO, involving 27,689 unique addresses. This initiative allowed investors to deposit USDC as they prepared for the upcoming Nasdaq listing.
The investment distribution revealed a stark contrast. Approximately 81% of participants contributed $20,000 or less, but these smaller investors accounted for only 18% of the total funds raised. In contrast, those contributing between $20,000 and $100,000 represented 17% of participants, contributing nearly 58% of the total funds. Additionally, 114 addresses each invested $500,000 or more, together making up around 10% of the total investment.
This initiative is part of a broader trend, as SpaceX has drawn over $250 billion in total interest, with retail orders surpassing $100 billion prior to pricing its shares at $135 for the launch of SPCX today.
