Trade Pre-IPO exposure 24/7

Trade PreStocks in One Place

Get tokenized exposure to leading private companies before their IPO. Go long or short with leverage, manage risk, and trade across supported networks any time — starting with as little as $1.

Leverage

Amplify exposure with flexible onchain leverage.

24/7 Trading

Markets stay open around the clock.

Long & Short

Express a view in either direction.

AUM

$14.46M

Volume

$1.39B

Holders

24.21K

Txns

5.07M

Anthropic logo

Anthropic

$781.63

Implied Val

$1.28T

Mark Price

$778.32

-0.4%

Mark Val

$1.28T

Information
OpenAI logo

OpenAI

$945.62

Implied Val

$788.33B

Mark Price

$1,148.72

+17.7%

Mark Val

$957.64B

Information
Anduril logo

Anduril

$122.98

Implied Val

$99.96B

Mark Price

$118.44

-3.8%

Mark Val

$96.27B

Information
Neuralink logo

Neuralink

$300.19

Implied Val

$57.36B

Mark Price

$290.49

-3.3%

Mark Val

$55.51B

Information
xAI logo

xAI

$63.58

Implied Val

$210.64B

Mark Price

$89.50

—

Mark Val

$296.51B

Information
Polymarket logo

Polymarket

$129.60

Implied Val

$11.25B

Mark Price

$146.76

+11.7%

Mark Val

$12.74B

Information
Kalshi logo

Kalshi

$632.74

Implied Val

$23.01B

Mark Price

$675.15

+6.3%

Mark Val

$24.56B

Information

Frequently asked questions

Answers to common questions about trading tokenized pre-IPO exposure, leverage, supported networks, and product risks.

What are Robinhood PreStocks?+
Robinhood PreStocks are onchain tokens that provide economic exposure to leading private companies before they go public. Each product tracks the implied valuation of a pre-IPO company and can be traded 24/7 across supported networks.
Can I trade pre-IPO companies with leverage?+
Yes. PreStocks are designed for active trading, including leveraged long and short strategies on supported venues. Availability of leverage depends on the platform and market you use to trade.
Which companies can I trade?+
You can trade tokenized exposure to companies such as Anthropic, OpenAI, Anduril, Neuralink, xAI, Polymarket, and Kalshi. New pre-IPO products may be added over time as private market opportunities expand.
How do PreStocks work?+
Each token represents economic exposure backed through an SPV structure tied to the underlying private company. Token prices reflect market pricing, implied valuation, and liquidity conditions rather than direct shareholder ownership.
What networks are supported?+
PreStocks can be traded across Solana, Ethereum, BNB Chain, and XRPL. Network availability may vary by product and integration partner.
Do PreStocks give me shareholder rights?+
No. PreStocks provide economic exposure only. They do not grant ownership, voting rights, dividends, board access, or direct shareholder information rights in the underlying company.
View all frequently asked questions

PreStocks tokens provide economic exposure to the underlying private company through an SPV structure. Tokens do not constitute direct ownership of company shares and do not grant voting, governance, or shareholder rights. Investing in private markets involves substantial risk, including the potential loss of capital.