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Cryptocurrency News

DeFi partnership aims to tokenize shares of pre-IPO companies

04/25/2022

Less than a minute

2022.04.25 18:41

Decentralized finance (DeFi) protocol Portal has partnered with the asset marketplace HighCircleX (HCX) to tokenize stocks of pre-initial public offering (IPO) companies, according to an announcement shared with Cointelegraph on Monday.

The collaboration aims to make investing in private equity easier by building on top of the Bitcoin (BTC) blockchain. Through this, HighCircleX is looking to solve problems such as the lack of liquidity and value uncertainty for traditional assets.

Source

04/25/2022

Less than a minute