The Genius Stablecoin Act and the implementation of the Hong Kong (Stablecoin Regulation) have brought unprecedented attention to the #RWA track, with related projects emerging like mushrooms after the rain. Although most projects currently focus on tokenizing liquid assets such as US Treasury bonds and US stocks, we should recognize that the scale of illiquid assets is much larger, hiding a massive market worth $16 trillion (data source: Boston Consulting). Today, we will introduce @JarsyInc, a leading project focused on Pre-IPO equity tokenization, which will bring a highly innovative and practical new direction to #RWA. 🧐

According to a research report from Boston Consulting (see chart 1), the scale of global illiquid asset tokenization is expected to reach $16 trillion by 2030, with unlisted company equity accounting for nearly $1.2 trillion.

Over the past decade, the asset scale growth rate of PE and venture capital ranks among the top three of all asset classes (see chart 2, data from Bain & Company). The wealth opportunities generated from it are self-evident!

The dual pain points for the industry and ordinary investors have made private equity tokenization a demand explosion point:

Industry Pain Points:

• Due to high-interest rate shocks in recent years, private equity has seen a significant decline in global exit value and transaction volume over the past two years (see chart 1).

• The number of long-standing companies in private equity portfolios that have not exited and continue to operate has reached a historical high, curbing the momentum of capital return and new financing (see chart 2).

Retail investor pain points:

• 90% of value growth before IPO → Previously only accessible to institutions / high-net-worth individuals

• Ordinary investor threshold is extremely high → Starting at tens of thousands of dollars, requiring complex compliance and relationship resources

• Lack of liquidity → Pre-IPO equity, once purchased, is locked for several years

• Lack of transparency → Difficult to obtain financial data, making it hard to judge valuation and health of targets

Addressing the above pain points, @JarsyInc has effectively resolved them through Pre-IPO tokenization, achieving a win-win situation for the industry and users.

When we were doing research, we were deeply impressed by the introduction and actual cases of @JarsyInc at first glance. As global tokenization enters an acceleration phase, and the demand for 'quality real-world assets' from retail and crypto users skyrockets, #Jarsy perfectly addresses this rigid demand point.

It has tokenized the equity of unlisted companies like SpaceX, Anthropic, Stripe, with each token backed by real shares, available for as little as $10. As an ordinary investor, we can finally access Pre-IPO investment opportunities that were previously only available to Wall Street. As someone who has worked in traditional finance for many years, this was completely unimaginable in the past. #Jarsy truly breaks down traditional barriers, opening a whole new door to investment for us.

#Jarsy's Core Solution

1️⃣1:1 Equity Tokenization

• Tokens are backed by real SPV-held equity in target companies

• Tokens represent economic rights (income, dividends, splits), not directly involving shareholder status → Reduces approval and transfer friction

2️⃣Low Threshold Investment

• Investment starting at $10, supporting USDC / fiat deposits

• #Web2 users can open wallets directly with social accounts

3️⃣Liquidity Design

• Can be transferred multiple times on the platform's secondary market before IPO

• 'Name Your Price' limit order mechanism (self-pricing, find buyers to sell, once IPO in the future, tokens can convert to stock mapping tokens)

4️⃣Compliance and Security

• Registered in the US, Reg D + Reg S framework, regulated by the SEC

• SPV isolated from operating entities → Asset value can still be redeemed in case of platform bankruptcy

5️⃣Carefully Selected Quality Targets

• High-growth tracks like #AI, aerospace, fintech, etc.

• Strict valuation screening and due diligence (Silicon Valley executive interviews + investor network)

🔥Featured Projects Launched:

Currently, the companies on the #Jarsy platform are quite selective:

SpaceX, xAI, Anthropic, Databricks, Apptronik, Discord, Kraken, Perplexity, Ripple, Stripe, Circle, etc.

#Jarsy's team strictly screens and selects companies based on industry growth potential, valuation health, and independent due diligence! See 👇 chart

🔥Star Case, Successful Practice, 12 Times #Circle Ignites the Market

1️⃣ #Jarsy platform users participated in #Circle ($CRCL) with $25, and after the IPO, the stock price peaked at $298, giving a direct valuation increase of 12 times. Even with the current price at $149 as of August 15, there is still over 5 times gain (currently, the price of $CRCL on #Jarsy platform is $122, due to a 6-month lock-up period for equity trading post-IPO).

2️⃣ #SpaceX tokens on the #Jarsy platform, original price was $125, now it has risen to $255, more than doubling!

#Jarsy's business model, long-term growth logic

Core Revenue Sources:

• One-time transaction fees

Long-term Growth Leverage:

• Currently, #Jarsy has migrated its product from Arbitrum to Base chain, faster, more stable, and backed by #Coinbase

• Expansion of investment targets (especially Pre-IPO projects in #AI, fintech, etc.)

• Upcoming IOS App for a smoother experience and lower threshold

• Global market (non-US users have no qualified investor threshold)

• Future integration with #CEX or #DeFi platforms to enhance liquidity, moving from the 'secondary market' to broader scenarios

Investment Lineup

#Jarsy's project investment lineup is quite luxurious. The seed round raised $5 million, coming from top venture capital firms such as Breyer Capital and Karman Ventures, both of which have significant backgrounds!

Breyer Capital has previously invested in outstanding companies such as #Facebook and #Circle (see chart 1)

Karman Ventures was co-founded by Silicon Valley giants including Uber founder Travis Kalanick, and has invested in excellent companies such as Anduril Industries, #Lime, and #Waabi.

The overall investment lineup is quite luxurious and noteworthy, laying a solid financial foundation for the long-term stable development of the project!

Project Team

Han Qin is the co-founder and CEO of #Jarsy, with a bachelor's degree in computer science from Tsinghua University and later pursued a Ph.D. in artificial intelligence in the US. He is a former executive at Facebook, Uber, and Afterpay, with rich connections and qualifications in Silicon Valley.

• Facebook (2010): Worked with Zuckerberg, participated in the development of the core product Graph Search.

• Uber (2014): Participated in Uber's China operations, growing from zero to an $8 billion acquisition by Didi.

• Afterpay (2018): Held a core management position, driving business growth, ultimately being acquired by Block for a valuation of $30 billion.

Yiying Hu is the co-founder and COO of #Jarsy, also a co-founder of Cedar, a serial entrepreneur in the Web3 space, previously a data scientist at Ripple, focusing on developer growth. Before that, she led a fintech project that provided financing for Uber drivers and small business customers of Square. She graduated from MIT.

Chunyang Shen is the co-founder and CTO of #Jarsy, previously served as the head of technology at Uber and Afterpay, driving projects to align business, product, and engineering strategies. He graduated from the University of Florida.

Competitive analysis and comparison, see 👇 chart

#Jarsy compared to traditional brokers (such as EquityZen, Forge Global), what are its unique advantages?

1️⃣Traditional brokers facilitate direct buying and selling of private equity, while #Jarsy tokenizes the economic rights of these assets through blockchain technology and provides them to investors.

2️⃣The investment threshold has been greatly lowered, allowing ordinary investors to easily participate. The minimum threshold for #Jarsy is only $10 for equity investment, whereas traditional brokers often require $100,000 or more.

3️⃣Liquidity: #Jarsy's equity tokens can be transferred multiple times before the IPO, providing more exit channels and significantly higher liquidity than traditional financial models.

4️⃣Transparency: #Jarsy's equity tokens come with on-chain reserve proof and transaction data, verifiable at any time, providing higher trust.

#Jarsy Participation Method:

Participation can be done in four simple steps:

1️⃣Register: Go to the #Jarsy official website, click 'Start Investing', or directly click the link: https://app.jarsy.com/?invite_code=4i7tqt. Then log in with your Google account or email. If using email, check for the confirmation code in your inbox.

2️⃣KYC: Click 'Verify Your Identity', fill in your name, address, and upload your ID. Click 'Next' to agree to the relevant terms and proceed.

3️⃣Invitation Code: Enter invitation code: 4i7tqt, then click 'Next' (early access by invitation only).

4️⃣Wait for KYC to complete ✅, then recharge USDC and place an order for the corresponding tokens of the Pre-IPO company you desire.

Detailed Guide 🔗:

https://jarsy.com/blog/step-by-step-start-investment-in-jarsy

Overall, #Jarsy is the most exciting innovation I have seen in the Web2.5 × #TradFi + #DeFi in the #RWA field, giving each ordinary person the opportunity to participate in the growth of large companies with small funds. Although the track is still in its early stages, the current layout is a golden opportunity. First, the market's awareness of tokenization is gradually increasing, with Robinhood and xStocks already playing an educational role. Second, the total trading volume of #Jarsy has reached the 'million-dollar level', which, although not huge, is showing early signs and is on the verge of explosion. The project's core logic is clear and worth close attention. 🧐