Pre-IPO · via PreStocks

Refract a private company.

PreStocks issues tokens backed one to one by SPV exposure to private companies like Anthropic and OpenAI. Pre-IPO exposure is the purest case of bundled risk: huge upside, real chance of zero. Hanko refracts it, so a believer can hold Edge for the upside while someone else takes Shield. Live valuations come straight from the PreStocks API.