For a long time, the pre-IPO market has been a bit of a walled garden. If you wanted a piece of a high-growth private firm, you generally needed two things: a large balance sheet and a lot of patience. You'd buy in, then wait five to ten years for an exit, hoping the world didn't change too much in the meantime.
We think the "wait and see" model of private equity is showing its age. Today, we are bringing that world on-chain.
We have listed Pre-IPO assets on Toobit DEX+, allowing you to gain price exposure to firms like SpaceX, OpenAI, and Anthropic with the same 24/7 liquidity you expect from any other digital asset. No multi-year lock-ups, no specialized brokerage paperwork, just the assets you want, settled in USDT.
The liquidity gap is closing
The numbers tell a clear story. The secondary market has reached a $250 billion valuation in 2026, establishing itself as a global powerhouse.
Last year, the Hiive50 Index, which tracks the most liquid pre-IPO securities, delivered a 49.1% return. For those keeping score, that outperformed the S&P 500 by more than 30%. Much of this was driven by the very sectors we live in: private blockchain and AI firms, which saw annual returns of 166.7% and 60.1%, respectively.
While growth in these sectors has been consistent, access has remained the primary hurdle for most traders. Traditional private equity is highly illiquid, often leaving capital locked away for years. We've decided to fix that.
How it works
By integrating these assets into the DEX+ ecosystem, we are applying crypto-native efficiency to traditional private equity:
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Exit whenever: Unlike traditional private placements, you aren't tied to a five-year horizon. You can enter or exit positions 24/7 as market conditions change.
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Settled in stablecoins: You can trade assets tied to market leaders like Anduril, Polymarket, and Boxabl directly with USDT. Your capital stays fluid.
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No middleman complexity: We've integrated these directly into the DEX+ interface. If you can use a search bar, you can access the private market.
The big picture
We are entering an era where the distinction between "private" and "public" is just a paperwork technicality. For a trader, the only metrics that matter are the quality of the asset and the ability to exit a position when the time is right.
Secondary market interest is hitting all-time highs because the traditional stock market is often playing catch-up. By the time a firm goes public, most value gains have already occurred behind closed doors. By bringing these assets to DEX+, we are transforming what used to be a gated privilege into a standard market opportunity.
Ready to explore? Pre-IPO assets are live and searchable on DEX+ right now. Just head to the DEX+ page and search for tokens like OPENAI, SPACEX, or ANTHROPIC to get started.
