The Dark Side of Tokenized Startup Shares

The boom in tokenized pre-IPO markets means you can now get on-chain exposure to private giants like SpaceX, OpenAI, and Stripe years before they list. But it’s not real equity. These tokens are risky wrappers that can swing 40% or more in a day.See how the SPV-backed and synthetic models work, what you actually buy, and why the real risk might be the lack of liquidity and control. Watch before you jump in