Broad Access Drives Tokenized Pre-IPO Liquidity
Xavier Ekkel, founder of PreStocks, on 24/7 tokenized pre-IPO stock
This is a market structure bet, not just a product bet. PreStocks is trying to make private stock behave more like a liquid public market, where tighter spreads and better price discovery come from having many buyers, sellers, and market makers active at once. That is why broad wallet and exchange access matters so much. If the token can move across the wider Solana trading stack instead of staying inside one app, each new user and venue can deepen the order book and make pricing more credible.
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PreStocks is set up for open distribution under Reg S on Solana, with tokens designed to move into Solana wallets, exchanges, and DeFi apps. That is a different model from Robinhood’s EU tokens on its own L2, or Republic’s US Reg CF structure with smaller checks and lockups, both of which naturally constrain turnover.
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The comparison set shows why this matters. Jarsy also targets retail investors with tokenized pre IPO exposure and minimum investments as low as $10, but the category is still early and fragmented. In private markets generally, liquidity stays thin when trading is routed through closed networks and multiple intermediaries.
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Higher participation also changes what the product is useful for. In a standard secondary sale, pricing can be stale because a broker finds one buyer for one block and the deal closes weeks later. An active on chain market can update the price continuously, which makes the token useful not just for access, but for live market signals.
The next step is a shift from simple access to full market machinery. As more tokenized private shares trade in open networks, liquidity providers, lending, and eventually shorting can turn private equity from an occasional negotiated transaction into a continuously priced asset class. The winners will be the platforms that combine regulatory reach with the broadest distribution and deepest trading rails.