In an exclusive interview with SecondaryLink, Co-Founder Thomas Dadashi discusses the firm's specialist approach, first investment, and plans to deploy over $50 million over the next 12 months.
The New York-based startup provides liquidity solutions for tokenized private market and semi-liquid funds, allowing investors to exit ahead of scheduled redemption windows.
The new solution will start with a pre-IPO AI company, using tokenized notes that can be bought and sold around the clock on the secondary market.
The "secondaries of secondaries" strategy targets existing investors' interests in private equity secondary funds.
Builders Vision, iAlumbra Capital, and Sonen Capital have joined the investor base as the fund continues deploying capital.
The participants plan to expand the range of transferable private credit assets and improve verification as tokenized secondary markets develop.