Tokenization of Pre-IPO Stocks Boosts Liquidity and Access

Tokenization of pre-IPO stocks leverages blockchain to offer fractional ownership, 24/7 trading and automated smart-contract features. Leading RWA tokenization projects—Ventuals, Jarsy and PreStocks—use perpetual derivative models (vOAI) or 1:1 asset-backed tokens on Solana to unlock liquidity in private equity. Ventuals issues vOAI without holding underlying shares, while Jarsy backs each token via SPVs and PreStocks lists 20+ tokenized stocks with instant settlement. Despite these benefits, tokenization of pre-IPO stocks faces regulatory uncertainty, opaque private valuations, issuer resistance (e.g., OpenAI vs Robinhood), oracle dependencies, limited market depth and technical hurdles in asset linkage and cross-border compliance. In the short term, traders may speculate on derivative tokens like vOAI and JSPAX, but thin liquidity could cap price moves. Over the long run, clearer regulation and deeper liquidity pools on CEXs and DEXs could drive broader adoption and reshape market infrastructure.