Tokenization of Private Shares Sparks Debate at Consensus Hong Kong 2026

At Consensus Hong Kong 2026, the idea of tokenizing shares of unlisted companies attracted significant interest. According to NS3.AI, Hecto Finance introduced a proposal for an on-chain index that would track billion-dollar private firms such as SpaceX. This tokenization strategy aims to enable investors to acquire tokens linked to the index's performance via the Canton Network. Despite the innovative approach, industry experts expressed concerns regarding the risks associated with tokenizing private shares without obtaining company consent. They emphasized that such practices could potentially undermine investor protection and erode market trust.