MyTong MSX has announced a strategic partnership with Republic to introduce a pre-IPO section, enabling eligible investors to invest in tokenized equity of unlisted companies. According to NS3.ai, the initiative will initially offer a subscription quota exceeding $10 million, including shares of over ten renowned unicorn companies such as SpaceX and ByteDance. Republic will provide compliance and custody services for the project, facilitated through regulated third-party providers. Having previously worked on tokenized stock projects for large institutions, Republic will leverage its experience in this new collaboration. The concept of tokenized equity allows investors to participate in companies beyond traditional stock markets, particularly those not yet publicly listed, enhancing market transparency and investment accessibility. However, this approach may involve certain legal and technical challenges that need to be addressed. This initiative aims to create new investment opportunities in the technology sector and simplify the complex stock market system for investors. The impact of this new facility on investment trends and the broader market will be closely observed.
Source: binance
