The underlying Jersey Mike’s shares, meanwhile, only trade during regular U.S. market hours. SpaceX Set the Template — and the Warning SignsJersey Mike’s isn’t the first tokenized IPO Kraken has run. Jersey Mike’s IPO, priced between $21 and $25 per share, lists on the NYSE under JMKE. JMKEx is a tokenized version of Jersey Mike’s stock, backed 1:1 by actual shares held under regulated custody. What happened during Kraken’s SpaceX tokenized IPO?