DeFiBullishBlockonomi · 4h ago7/10
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On-Chain Pre-IPO Tokens Hit $1.25B in Trading Volume as Tokenized Equity Market Expands
The on-chain pre-IPO token market has reached $1.25B in cumulative trading volume with over 20,000 active holders, demonstrating growing institutional and retail interest in tokenized equity exposure. SPV-backed protocols like PreStocks and Paimon Finance lead the market by offering real share-backed tokens on decentralized exchanges, while synthetic alternatives present basis risk concerns as oracle prices diverge from actual private company valuations.