Hecto Launches Private Markets On Canton With $NEOPRIME, The First Tokenized Pre-IPO Exposure Token

$NEOPRIME gives onchain investors backed exposure to a basket of America’s frontier private industrial companies. Erebor, the hard-tech bank, is the first position. Dubai, UAE (PinionNewswire) Hecto , the private-markets infrastructure firm, today brought private markets onchain on the Canton Network with the launch of the first private market exposure (PMX) token. The instrument, $NEOPRIME, is issued by Neoprime on Hecto’s infrastructure and opens access to a basket of late-stage private companies building America’s next industrial base, a market that has historically been closed to everyone but institutions and the already wealthy. The first trading pool opens today.

Source: BlockTelegraph