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Jupiter Degen Markets Launches Tokenized SpaceX Stock Trading
Cryptobriefing.com reports that Jupiter’s Degen Markets has expanded into stock trading with the launch of $SPCX on Jupiter Predict. The platform now offers binary contracts on tokenized SpaceX shares alongside its existing crypto offerings. Users can place Up/Down binary contracts in 5-minute and 15-minute intervals during standard US stock market hours. The underlying asset $SPCX comes from Backpack Securities and settles using Chainlink price feeds. Jupiter Forecast’s automated market maker handles routing and execution for these new markets. This move allows traders to speculate on price direction without holding actual equity. The feature launched on August 26, adding a dedicated Stocks tab to the interface.