PreStocks tokenizes private company exposure

PreStocks is trying to turn private stock from a slow, paperwork heavy placement into something that trades more like crypto. The key move is not creating direct ownership of OpenAI or Canva shares, but wrapping SPV exposure into tokens that can move across Solana wallets and venues, so users buy and sell economic exposure while PreStocks keeps the underlying cap table and corporate action complexity behind the scenes.1 2 3 4

• The product simplifies private market plumbing. In a normal secondary deal, buyers face large minimums, bespoke fees, weeks of closing work, and repeated KYC. PreStocks says its tokens remove most of that front end friction, with no performance fee or annual management fee, and revenue centered on trading fees instead.1 2
• The closest comparison is not Forge or EquityZen on user experience, but a crypto exchange listing a synthetic version of a private asset. EquityZen still leans on issuer trust, cap table alignment, and structured placements, while PreStocks prioritizes open distribution through Reg S and Solana interoperability across wallets, exchanges, and DeFi apps.2 3
• That design changes who can participate and what can be done with the asset after purchase. Jarsy and PreStocks both use tokens tied to SPV held exposure, but PreStocks emphasizes trading first, then later use cases like collateralized borrowing, lending, and shorting, which matter because private shares normally stop being useful once they are bought.2 4

If this model works, private company exposure starts behaving less like a one off private placement and more like a continuous market. The winners will be the platforms that build enough distribution and liquidity to make token prices useful as real time signals, while regulators and broker infrastructure gradually adapt around that new trading layer.1 2 3 4