Jupiter Launches Pre-IPO Stock Token Trading for OpenAI and Anthropic Exposure

Jupiter said users can buy stock tokens linked to private companies, with order execution handled by PreStocks.

JUP

Summary

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Terms & Concepts
  • Stock token: A blockchain-based token designed to track the value of an underlying stock or equity-related asset.
  • Pre-IPO: The period before a company completes an initial public offering and begins trading on a public stock exchange.
  • Token trading: The buying and selling of digital tokens on a blockchain-based platform or related market infrastructure.