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Ethereum

L2 Capital Partners With Newton on $500 Million AI Share Tokenization Plan

Image: TokenPost

L2 Capital has partnered with Newton on a $500 million plan to tokenize pre-IPO shares in artificial intelligence companies, bringing a private-market equity proposal into the broader discussion of blockchain-based assets. Tokenization represents financial assets as digital tokens that can move through blockchain technology. Institutional interest in the approach has grown over the past year. Nasdaq CEO Adena Friedman has discussed tokenization as a way to free capital. She said, “If we can tokenize money, then we can tokenize the flow of capital.” John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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