Public meets Private
Public stock and token markets are full of examples where post IPO assets generated considerable gains for long term holders. It is however a well known fact that the majority of wealth creation occurs in the ‘private market’ lifecycle of the asset’s existence. Such assets are difficult to access and even more difficult to hedge which is an ever-growing issue given the size of private markets today.
As per usual, DeFi comes to the rescue. A very important feature of crypto tokens is that they can be codified to represent any payoff / financial logic. prePO is taking this to the next level by launching a market where DeFi users can get exposure to assets which aren’t listed yet. This creates interesting use cases for those seeking long/short exposure as well as market makers. Please enjoy our chat with the founder of prePO here.
Author is the Managing Partner of Re7 Capital - a stablecoin DeFi fund.