Aave Labs Proposes Tokenized SpaceX Equity as Collateral
- —Collateral factor set at 55%, ten points below Meta and Tesla listings
- —Supply capped at 37,000 SPCXc (~$5.8M); token cannot be borrowed against
- —LlamaRisk pegs annualized volatility at 81% and worst off-hours drop at 41%
- —About 84% of the float unlocks between Oct. 26 and Dec. 8, 2026
Why it matters: Approval would extend Aave collateral to private-company exposure, but the float unlock and high volatility raise liquidation risk.
Source: Cryptonews.net