Onchain Assets · 06 / 7
Exposure to private companies
Tokens that give economic exposure to shares of private companies, usually through an SPV or derivative that holds or references the shares. They are not company equity, and the companies themselves may not endorse them.
Market cap · live
$80M
CoinGecko category: tokenized-pre-ipo-stocks
Largest
OpenAI · PREOPAI
30% of the category · $24M
SPV interest
Tokens represent units of a vehicle holding shares.
Tracking derivative
A contract referencing a private valuation.
Platform-distributed
A broker grants tokens to its users.
Ranked by market cap, live from CoinGecko.
| # | Name | Market cap | Share | 24h |
|---|---|---|---|---|
| 01 | OpenAI · PREOPAI | $24M | 30.4% | -3.1% |
| 02 | OpenAI · OPAIPON | $19M | 23.9% | -0.0% |
| 03 | SpaceX · PRESPCX | $14M | 17.2% | -0.5% |
| 04 | Anthropic PreStocks · ANTHROPIC | $8M | 9.6% | -1.0% |
| 05 | SpaceX PreStocks · SPACEX | $5M | 6.7% | +0.2% |
| 06 | OpenAI PreStocks · OPENAI | $4M | 5.1% | +1.6% |
| 07 | Anduril PreStocks · ANDURIL | $2M | 2.1% | -0.4% |
| 08 | OpenAI · TOPENAI | $1M | 1.3% | +1.8% |
Not equity
No voting rights; companies may disavow the tokens.
Valuation opacity
Private prices update rarely and unevenly.
Transfer restrictions
Company share transfer rules can block the SPV.
On Tempo
TIP-403 transfer policies let an issuer restrict who can hold or receive a token at the protocol level, which these products typically need.