X @Andy

Risks and Concerns - The tokens may not represent actual ownership in the underlying companies [1] - Valuations are extremely high, ranging from $3 billion to $515 billion, potentially unsuitable for smaller investors [1] - The tokens carry extra risks, including self-custody, smart contract vulnerabilities, and potential lack of liquidity [1] Innovation and Market Perception - The concept of buying shares of private companies like Anduril, SpaceX, and OpenAI on-chain is innovative [2] - There is uncertainty about the long-term viability of this approach [2] - Market awareness of the availability of these on-chain assets may be limited [2]