A certificate against the issuing entity, not the company. If the issuer fails, your claim is against the issuer.
Claim · Switch
SPCXx → SPCX
Both reference SpaceX. They are not the same asset, and this page is here so the difference is in front of you before anything is signed.
A permanent delegate can move or burn these tokens from any wallet, including yours.
- Moves into a claim you can transfer out to a traditional brokerage as real shares.
- Gains the ownership, dividend and corporate-action rights the current token does not carry.
Your wallet will warn that it does not recognise this site. That warning is about the domain, not the transaction — Claim is new and unlisted. What you are signing is three instructions: a compute budget, the token account for SPCX if you do not have one, and a Jupiter swap. It grants no approval that outlives it and no permission over anything else you hold. Check it in the wallet before you approve.
Connecting is read-only and costs nothing. Claim never holds a key and never submits a transaction — your wallet does, only if you approve it.