L2 Capital Partners With Newton to Tokenize $500M Pre-IPO AI Shares
L2 Capital has become the inaugural partner for Newton Labs to tokenize $500 million in pre-IPO AI shares, embedding compliance rules directly into the tokens.
Issuer
L2 Capital
Asset
Pre-IPO AI Shares
Amount
$500 Million
Platform
Newton Labs
The Hong Kong-based firm is the first entity to join Newton Labs' platform, which is currently under development. This initiative involves tokenizing pre-IPO AI shares with a unique structure where compliance rules are embedded within each token. These rules are automatically verified before any transfer is allowed to settle on the platform.
Original summary by the Tokensoft Newsroom based on the cited source; read the source for full details. Not investment advice.