TL;DR
- Bending Spoons, the company behind WeTransfer, Evernote, Vimeo, AOL, and Eventbrite, has filed to go public on Nasdaq under the ticker BSP.
- Eligible Kraken customers across the EEA and many global markets can submit a non-binding indication of interest through xStocks, with funds reserved rather than charged.
- Customers who receive an allocation get BSPx, a 1:1 backed tokenized representation of Bending Spoons equity, in their Kraken portfolio on listing day.
- BSPx trades 24/5 from day one on Kraken, participating xStocks Alliance platforms, and compatible DeFi venues.
You may not know the name Bending Spoons, but you have almost certainly used its apps. The company owns and operates some of the world’s most widely used consumer software, including WeTransfer, Evernote, Vimeo, AOL, and Eventbrite, part of a portfolio of more than 50 products that reaches around 500 million people every month. It has now filed to go public on Nasdaq under the ticker BSP.
Until now, most non-US retail investors had few ways to take part in an IPO like this. In most cases they could only buy a stock once it began trading on the open market, often well after institutional participants had secured their positions. That changes today.
Through xStocks, eligible Kraken customers across the EEA and many global markets can submit a non-binding indication of interest in the Bending Spoons IPO. Customers who receive an allocation will get BSPx, a 1:1 backed tokenized representation of Bending Spoons equity, delivered to their Kraken portfolio on listing day and tradable from day one. We believe that when a company goes public, the chance to take part should be public too.
How it works
- Eligible customers can submit a non-binding indication of interest in BSPx today, at the offering price minus applicable fees. Funds are reserved, not charged, and the process is available in the Kraken mobile app now.
- On the day of Bending Spoons’ public listing, customers who receive an allocation will have their BSPx delivered directly to their Kraken balances. Anything not allocated is refunded automatically.
- Allocation is not first-come, first-served and is not guaranteed. Outcomes may be full, partial, or zero, depending on availability and demand.
Access to BSPx beyond market hours
One of the most useful features of BSPx is that access to Bending Spoons is not limited to traditional market hours. Conventional brokerages close at the end of each trading day. BSPx keeps trading 24/5 on Kraken and other participating xStocks Alliance platforms.
This is powered by xStocks, Payward’s tokenized equities framework, which is built to make exposure to public equities more accessible, portable, and compatible with the broader crypto ecosystem. Every xStock is backed 1:1 by the underlying share and held in custody by a regulated entity.
Unlike a traditional brokerage account, xStocks assets can travel with the investor across participating xStocks Alliance platforms, move on-chain, and integrate with compatible DeFi applications. The result is a capital market that is global, always-on, and accessible by design.
Bending Spoons is the latest name to make that possible. As more companies head to public markets, BSPx is how Kraken customers can be there from the first session, alongside institutions rather than behind them. Customers in the EEA and many global markets can log in to their Kraken accounts to express interest in the Bending Spoons IPO.
IPO xStocks are tokenized equities providing price exposure only — not direct ownership. Allocation is not determined by xStocks or Kraken and may be full, partial, or none; it is not guaranteed, and any funds not allocated are returned. Not available to US persons, UK, CA, AU. Capital at risk. Geo restrictions apply.