Hecto has introduced Neoprime, a Canton token backed by shares in private companies, with trading planned on Cantex. The launch announcement names Anduril, Shield AI, Prometheus, Figure AI and Erebor Bank, grouped around defence, advanced manufacturing, robotics and related financial businesses. The token gives form to Hecto's earlier roadmap for tokenized private-company baskets. Hecto plans further pre-IPO tokens with different themes. The article notes that share-backed tokens depend on product documents, and that backing does not by itself establish direct shareholder rights.

AI summary of the linked source — not editorial content.

Explore the topic

Loading related coverage…

Comments

Loading comments…