IPO Genie Presale Nears $1.5M, Aims to Democratize Access to Private Market

IPO Genie is an AI-powered platform that aims to democratize access to the private market, offering tokenized access to early-stage startups and pre-IPO opportunities. The company has raised over $1.44 million in its presale, with more than 13.15 billion tokens sold at a price of $0.0002 each.

The platform's Real-World Asset (RWA) model allows users to represent economic exposure to private companies through Special Purpose Vehicle (SPV) equity structures and Ethereum-based tokens. IPO Genie has also published a Vault proof-of-concept involving Redwood AI Corp., giving prospective buyers something concrete to assess.

The project's presale is part of a larger trend in tokenized finance, with Nasdaq investing $100 million in Kraken parent Payward and LSEG pursuing tokenized UK equities. IPO Genie's platform is set to launch in 2026, offering users access to pre-IPO market products through its RWA model.