Spacecoin launches SPACE token just days after partnering with Trump family-linked DeFi project

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Spacecoin launches SPACE token just days after partnering with Trump family-linked DeFi project The project aims to create a decentralized satellite internet network, with the initial satellites, CTC-0 and CTC-1, already demonstrating blockchain-based communication from space. By Francisco Rodrigues | Edited by Aoyon Ashraf Jan 24, 2026, 4:47 p.m. Make us preferred on Google (Kevin Stadnyk/Unsplash/Modified by CoinDesk) What to know : Spacecoin has launched its SPACE token on multiple centralized and decentralized exchanges, including Binance, Kraken, and Uniswap. The project aims to create a decentralized satellite internet network, with the initial satellites, CTC-0 and CTC-1, already demonstrating blockchain-based communication from space. Spacecoin recently partnered with World Liberty Finance to connect its stablecoin infrastructure and provide internet access in underserved regions, while the SPACE token enables trading, staking, and governance participation. Spacecoin, a decentralized physical infrastructure network (DePIN), has launched its SPACE token, marking a key step in the company’s plan to create a decentralized satellite internet network, just days after partnering with the Trump family-linked decentralized finance project World Liberty Finance. The token is now live across centralized exchanges, including Binance, Kraken, and OKX, as well as on decentralized platforms such as PancakeSwap and Uniswap. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The token’s price is down around 12.2% since its launch, according to CoinMarketCap data, with a fully diluted value of $357 million, at the time of publication. The move comes after Spacecoin’s recent partnership with World Liberty Financial that included a token swap and collaborative plans to connect WLFI’s $3.2 billion USD1 stablecoin with Spacecoin’s satellite infrastructure. Together, the projects aim to offer decentralized internet access and financial services to people in regions where traditional infrastructure falls short. The SPACE token is intended to help fund and coordinate the infrastructure powering its plans to give people with weak or no broadband coverage a way to get online without relying on telecom companies or governments. Spacecoin’s first satellites, CTC-0 and CTC-1, have already demonstrated blockchain-based communication from space, the company said. The SPACE token adds a financial layer to that network, enabling users to trade, stake, and participate in governance. The company said it has also started an airdrop claim for early supporters who met eligibility requirements during promotional campaigns. Space Satellite DePIN More For You KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market By CoinDesk Research Dec 22, 2025 Commissioned by KuCoin KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market. What to know : KuCoin recorded over $1.25 trillion in total trading volume in 2025 , equivalent to an average of roughly $114 billion per month , marking its strongest year on record. This performance translated into an all-time high share of centralised exchange volume , as KuCoin’s activity expanded faster than aggregate CEX volumes , which slowed during periods of lower market volatility. Spot and derivatives volumes were evenly split , each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line. Altcoins accounted for the majority of trading activity , reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover. Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity , indicating structurally higher user engagement rather than short-lived volume spikes. View Full Report More For You One of the oldest NFT trading platform which facilitated over $300 million in sales at its peak shuts down By Francisco Rodrigues , AI Boost | Edited by Aoyon Ashraf 46 minutes ago The platform, Nifty Gateway, which once facilitated over $300 million in sales, had shifted its focus to building onchain creative projects in 2024, but will now close. What to know : Nifty Gateway, an NFT platform, will shut down on February 23, 2026, and has entered withdrawal-only mode, allowing users one month to move their NFTs and funds. The platform, which once facilitated over $300 million in sales, had shifted its focus to building onchain creative projects in 2024, but will now close. The shutdown will allow parent company Gemini to focus on building a "one-stop super app" and will continue to support NFTs through its Gemini Wallet. Read full story Latest Crypto News Here's what bitcoin bulls are saying as price remains stuck during global rally 22 minutes ago One of the oldest NFT trading platform which facilitated over $300 million in sales at its peak shuts down 46 minutes ago GameStop's $420 million bitcoin move sparks speculation of selling 1 hour ago Ukraine banned Polymarket and there’s no legal way for it to come back 1 hour ago Days of our market structure bills: State of Crypto 2 hours ago Here is why investors are snubbing Michael Saylor’s 10% dividend offer in Europe 3 hours ago Top Stories Ethereum Foundation makes post quantum security a top priority as new team forms 11 hours ago Senate Agriculture's crypto market structure draft peppered with Democrat pitches 18 hours ago Bitcoin’s weakness versus gold and equities puts quantum computing fears back in focus 11 hours ago Binance plans to bring back tokenized stock trading after 2021 retreat 22 hours ago FBI arrests ex-Olympian drug 'kingpin' who allegedly used crypto to move proceeds 18 hours ago Kevin O'Leary says power is now more valuable than bitcoin 20 hours ago