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Tokenized Pre-IPO Stock Market Cap Jumps 16-Fold This Year to $65.8 Million

Source
JH Kim

Summary

  • The market capitalization of the private-company stock token market rose 16-fold this year to $65.8 million.
  • The market capitalization of the private-company stock token market expanded 16 times from the start of the year.
  • OpenAI- and SpaceX-linked stock tokens accounted for 84.4% of total market capitalization, or about $55.54 million.

Forecast Trend Report by Period

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Photo: Shutterstock
Photo: Shutterstock

The market capitalization of tokenized shares in private companies ahead of their initial public offerings has surged 16-fold this year to $65.8 million.

Cointelegraph reported on October 9 that the market cap of the tokenized private-stock market had expanded 16 times since the start of the year.

Stock tokens tied to OpenAI and SpaceX accounted for 84.4% of the total market capitalization.

The combined market cap of stock tokens linked to the two companies was about $55.54 million, representing a large share of the tokenized private-stock market.

#Tokenized Stocks
#IPO
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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