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Citi & SDX Launch Tokenized Pre-IPO Market—$75B in Paper Wealth Goes On-Chain

Citi & SDX Launch Tokenized Pre-IPO Market—$75B in Paper Wealth Goes On-Chain

Author:
Coindesk
Published:
2025-05-06 10:45:00
11
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Citi, Switzerland’s SDX Join Forces to Tokenize $75B Pre-IPO Shares Market

Wall Street meets crypto in a high-stakes experiment: Citi and Switzerland’s SDX just weaponized blockchain to tokenize pre-IPO shares. That $75 billion gray market? It’s about to get liquid—or crash spectacularly.

The play: Slash settlement times from days to minutes while ’democratizing’ access to unicorn equity. Translation: More bagholders for overvalued startups.

Watch the suits scramble as tokenization eats another chunk of traditional finance—because nothing says ’innovation’ like reinventing stocks with extra steps.

|Square

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