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PIPO Launches Tokenized Pre-IPO Warrant Platform, Opening Nasdaq-Pathway Investments to Global In...
FOR IMMEDIATE RELEASE
PIPO Launches Tokenized Pre-IPO Warrant Platform, Opening Nasdaq-Pathway Investments to Global Investors
First regulated platform to issue blockchain-based equity warrants with a direct exercise pathway to Nasdaq-listed shares
Grand Cayman, Cayman Islands — April 2026 — PIPO (pipo.vc) today announced the launch of its tokenized pre-IPO warrant platform, designed to give non-US investors structured, legally-compliant access to private companies on a pathway to a Nasdaq listing. The platform introduces the PIPO Share Subscription Warrant (PSW), an ERC-20 security token that grants holders the right to purchase equity in pre-IPO companies at a fixed strike price and exercise into Nasdaq-listed shares at IPO.
Bridging the Pre-IPO Access Gap
Pre-IPO investing has historically been the domain of venture capital firms, hedge funds, and ultra-high-net-worth individuals. Retail and institutional investors in emerging markets, the fastest-growing segment of global capital, have been systematically excluded from the asset class that consistently delivers the highest risk-adjusted returns in equity markets.
“The gap between private and public markets is one of the most significant barriers to wealth creation globally,” said Igor Lipovetsky, CEO of PIPO. “We built PIPO to close that gap, not by lowering standards, but by building institutional-grade infrastructure that is accessible to everyone.
How PIPO Works
PIPO’s core instrument is the PSW (PIPO Share Subscription Warrant), a digital security token issued under SEC Regulation S by a Cayman Islands SPV. Each PSW represents the right to purchase one share of the issuing company at a predetermined strike price.
The PSW is structured as a “fixed-for-fixed” warrant under ASC 815-40: one token, one share, one strike price. This preserves the issuer’s equity classification on the balance sheet. It is a critical requirement for companies pursuing a Nasdaq listing.
Key features of the PSW:
American-style exercise: holders can exercise into physical shares at any time after Transfer Agent onboarding, not just at IPO.
Dual exercise options at IPO: physical exercise (pay the strike price, receive Nasdaq-listed shares) or cashless exercise (receive fewer shares, no additional payment).
Secondary market liquidity: PSW tokens trade on the PIPO platform and approved centralized exchanges (CEX).
Transparent pricing: warrant valuation is model-based (modified Black-Scholes), providing continuous fair-value signals to the market.
Vision: Companies Before They Fly
PIPO’s long-term vision is to become the global standard for infrastructure in pre-IPO capital markets. The platform is designed to support multiple concurrent issuers across sectors and geographies, each operating through a dedicated Cayman SPV with its own PSW series.
“The foundation of PIPO is regulatory compliance and structural integrity, ensuring that every investor, regardless of location, is investing through a Nasdaq-ready instrument,” said Sergio Goriachev
About PIPO
PIPO is a tokenized equity platform that provides structured, legally compliant access to pre-IPO companies through blockchain-based warrant instruments. The platform issues PIPO Share Subscription Warrants (PSW) under SEC Regulation S, enabling non-US investors to acquire economic exposure to private companies before their public listing, trade on liquid secondary markets, and exercise into Nasdaq-listed equity at IPO. PIPO operates through a multi-jurisdictional legal structure with entities in the Cayman Islands, Costa Rica, and El Salvador.
This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. PIPO Share Subscription Warrants are offered exclusively under SEC Regulation S to non-US persons in offshore transactions. All investments carry risk of total loss.
This article is not intended as financial advice. Educational purposes only.