Scilex Launches 180 Million Meme Coin Tokens Trading, Shares Surge 12% Premarket
SCLX•Scilex Holding Company began trading 180 million Dream Bowl I Meme Coin tokens on the Biconomy Exchange July 6, a platform with 10 million users in 180 countries and $2 billion average daily volume. The listing is intended to increase liquidity and widen token distribution to equityholders, spurring Scilex shares up almost 12% in premarket.
1. Trading Launch on Biconomy Exchange
On July 6, Scilex Holding Company commenced trading of 180 million Dream Bowl I Meme Coin tokens on the Biconomy Exchange. Biconomy serves over 10 million users and institutions across 180 countries and ranks among the top 40 global exchanges by trading volume, averaging $2 billion daily.
2. Token Distribution and Liquidity
Scilex and Datavault AI previously distributed Dream Bowl tokens to eligible equityholders, and Scilex retains approximately 180 million tokens after the April 30 record date. Listing on Biconomy is designed to deliver token liquidity and broaden distribution among participating holders.
3. Premarket Stock Response
Following the trading launch announcement, Scilex shares jumped nearly 12% in premarket trading, reflecting investor optimism about potential liquidity benefits and the company’s innovative engagement with tokenized assets.
