Three major crypto exchanges canceled their tokenized SpaceX IPO allocation campaigns Friday after xStocks could not source underlying shares, while rival onchain protocols from Ondo, xStocks' DeFi arm and Backpack launched successfully on the same morning.

Coinbase has launched two onchain USDC lending vaults built on Morpho and curated by Steakhouse Financial: a conservative Prime tier backed by BTC and ETH collateral, and a Higher Yield tier drawing on Ethena-powered assets.

Coinbase launched Coinbase for Agents, a standalone account that lets AI assistants including ChatGPT and Claude execute crypto trades, manage portfolios, and pay for data autonomously under user-defined guardrails. x402 payments integration arrives next week.

Coinbase CEO Brian Armstrong disclosed three platform-scale metrics on Thursday: approximately $1 trillion in annual stablecoin movement, $20 billion in USDC held on platform, and more than 160 million autonomous transactions via the x402 agentic payments protocol in the last year.

OKX launched 13 new X-Perps markets in Europe on Monday, adding perpetual futures on all seven Magnificent 7 stocks, gold, silver, oil benchmarks, SPY, and QQQ with 24/7 trading and up to 10x leverage.

Bybit and Kraken both launched 1:1 equity-backed SpaceX exposure via xStocks, joining Coinbase International and BitMEX in a four-venue race that now splits between synthetic perpetuals and regulated tokenized equity issued by Backed Assets (JE) Limited.

Coinbase International Exchange, operating through its BMA-licensed Bermuda entity, now offers USDC-settled perpetual futures on private-company valuations, with SpaceX as the first listing.

The retail brokerage's first Canadian footprint comes via a year-late buyout of the operator of Bitbuy and Coinsquare, adding roughly 300,000 funded crypto customers in a single transaction.

Kraken has announced Bitcoin Vault, a new product within Kraken Earn that allows customers to earn up to 2.5% in BTC-denominated rewards on their Bitcoin holdings.

Coinbase is expanding its trading offerings by launching perpetual-style equity index futures on June 8, allowing users to go long or short on market sectors and trends.