ChainCatcher reports that Deshare, an on-chain stock trading platform, has officially launched a blockchain-native "IPO" feature, simultaneously opening pre-IPO subscriptions for the recently popular global first large-scale model companies, "Zhipu AI" and "MiniMax." This feature breaks down the high capital thresholds, brokerage qualification restrictions, and geographical barriers of traditional IPOs, allowing global crypto users to participate fairly in the pre-IPO subscriptions of high-quality companies in a completely decentralized manner using their Web3 wallets.
Deshare supports decentralized stock trading in multiple markets, including Hong Kong and US stocks. Currently, it supports more than 5,000 stock tokens, providing users with a trading experience that surpasses that of traditional brokerages while ensuring ownership of decentralized assets.
Compared to traditional securities firms, the newly released PreIPO feature has the following advantages:
- Global participation with no barriers: Users can participate simply by connecting their wallets, without needing a traditional brokerage account or complicated verification process.
- Asset self-custody and transparency: The entire process is executed through smart contracts, and users have full control over their subscription funds and share ownership.
- Instant settlement and composability: Winning shares will be directly issued to users' wallets in tokenized form and can be seamlessly integrated into a wider DeFi ecosystem for subsequent applications.
