Workflow
How Stock Token Works
20VC with Harry Stebbingsยท2025-07-15 14:00

Tokenization of Private Company Assets - The company tokenizes traditional assets held in a box on a one-for-one basis, placing the tokens on blockchains for trading [1] - This process is analogous to stable coins, where assets like US Treasury bills back the tokens [1] - Tokenization provides access to private company shares or other exposures [2] Structure and Exposure - The structure involves an SPV (Special Purpose Vehicle) holding instruments like profit participation units and convertible interest securities [2] - Robin Hood holds and tokenizes the SPV, providing retail investors with exposure [2]