SpaceX’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 close of $147.89. A week earlier, Aave Labs proposed accepting tokenized SpaceX shares (SPCXc) as collateral on its V4 Equities Hub on Base. Aave's risk adviser LlamaRisk published its assessment of the listing on Oct.…
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About 1.3 billion SpaceX shares become eligible for sale on Oct. 22, worth roughly $194.3 billion at the Oct. 20 close of $147.89. A week earlier, Aave Labs proposed accepting tokenized SpaceX shares (SPCXc) as collateral on its V4 Equities Hub on Base. Aave's risk adviser LlamaRisk published its assessment of the listing on Oct.…
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