HashKey Chain announced the successful deployment of the tokenized special purpose fund share $SPCX (Paimon SpaceX SPV Token) for the American aerospace company SpaceX on its mainnet. As the preferred public chain for finance and RWA, HashKey Chain has become an important platform for institutional asset tokenization. This collaboration with the asset tokenization platform Paimon Finance introduces the asset category of global quality unlisted equity for the first time, providing investors with the opportunity to capture the early growth dividends of top private companies. Currently, $SPCX is only deployed on HashKey Chain and BNB Chain.
$SPCX is launched by the asset tokenization platform Paimon, with its underlying structure being a Special Purpose Vehicle (SPV) established in the British Virgin Islands (BVI), which provides investors with the opportunity to indirectly hold a portion of SpaceX equity. $SPCX is currently priced at $220 per share, which is 10–30% lower than similar SpaceX private equity secondary market prices available on the current market. Currently, $SPCX has entered the on-chain interactive phase, allowing users to complete on-chain subscriptions and transactions with a limit of $15 million. An SPV, Special Purpose Vehicle, is a legal entity established for specific investment or asset holding purposes, commonly used to isolate asset risks, achieve structured design, and enhance operational flexibility. In the $SPCX product, the SPV is used to hold investment rights in the SpaceX equity fund, providing the tokenized assets with legal and financial independence, thereby helping safeguard investors' rights and ensuring project compliance.
Kay, the head of HashKey Chain, stated:
“The on-chain issuance of high-barrier, star-level private assets like SPCX is one of the ultimate scenarios for RWA value release. HashKey Chain looks forward to building a bridge connecting quality alternative assets with on-chain liquidity through cooperation with Paimon, allowing more users to participate in the growth of leading global enterprises and the wave of the space economy.”
Guyan, co-founder of Paimon, stated:
“We believe that most assets will move to on-chain forms in the future, and primary assets like SpaceX, which have global attention and long-term value, should become the priority representatives of RWA on-chain. HashKey Chain is the second public chain infrastructure we chose beyond BNB Chain, and we hope this deployment will accelerate the efficiency of global capital entering quality assets.”
Paimon choosing HashKey Chain represents the higher expectations of a new generation of asset issuers for on-chain issuance standards, meaning that on-chain should not only have the capability to support technology but should also serve to connect value consensus and institutional needs. As more quality assets go on-chain, from primary market equity, funds, to alternative assets like minerals, collectibles, and carbon credits, the extension of Onchain Finance is continually expanding. Whether it is the complexity of asset types, the rigor of compliance requirements, or the liquidity needs of global investors, HashKey Chain has validated its comprehensive carrying capacity as a new generation of financial public chain infrastructure.
About HashKey Chain
HashKey Chain is the preferred public chain for financial institutions and RWA asset tokenization, dedicated to promoting compliance and scalable development of Onchain Finance. As a compliance-friendly blockchain infrastructure, HashKey Chain provides a secure and transparent on-chain environment for institutions.
With a secure and reliable technology architecture, HashKey Chain 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, providing extremely low Gas fees and high throughput, allowing financial assets such as Money Market Funds, bonds, funds, and stablecoins to circulate efficiently and reducing operational costs for institutions on the blockchain.
HashKey Chain is collaborating deeply with leading global financial institutions and compliant Web3 projects to provide optimal solutions for institutional DeFi, RWA tokenization, stablecoin settlement, and other application scenarios, accelerating the digital and intelligent upgrade of the financial system.
HashKey Chain Official Website: https://hsk.xyz/
HashKey Chain X: https://x.com/HSKChain
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About Paimon Finance
Paimon Finance is a fintech company focused on alternative asset tokenization, dedicated to breaking traditional investment barriers and allowing global investors to easily access institutional-level opportunities. By building compliant and transparent legal structures, Paimon opens assets that were previously only available to large institutions and high-net-worth individuals, such as private equity, private credit, tech unicorns, and aviation physical assets, to a wider range of investors in the form of tokens, promoting the integration of traditional finance and decentralized finance. The Paimon team was founded by former senior investment managers from Wall Street, managing assets of over $10B, with more than 60 years of investment experience, and core members having worked at top financial institutions such as Citadel, UBS, Goldman Sachs, and Franklin Templeton.
Paimon Finance Official Website: https://www.paimon.finance/
Paimon Finance X: https://x.com/Paimon_Finance
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