关于 T-SpaceX tokenized stock (Tessera)

T-SpaceX represents a loan participation right which provides economic exposure to SpaceX and is redeemable following divestment of the underlying exposure. This is a loan product, not a security - token holders have no ownership, voting, or dividend rights in SpaceX. By owning and using this token, you accept and agree to be bound by the Terms and Conditions available at

Tessera is a decentralized private-markets platform designed to make exposure to leading private companies accessible to everyone.

By leveraging on-chain tokenization, Tessera allows users to obtain tokenized exposure using stablecoins, with redemption and settlement governed by the relevant terms and structure.

Private equity is one of the world's best-performing asset classes, yet it remains fundamentally inaccessible.

- Exclusivity: Only accredited investors—those earning over $200K annually or with a net worth above $1M—can participate directly.
- High minimums: Existing platforms require investments of $100K or more.
- Illiquidity: Settlements can take weeks, and investors are often locked in for years.

This structure locks 99% of the global population out of a market that consistently outperformed public equities by more than 4% per year.

Tessera sits at the intersection of two unstoppable trends: the tokenization of real-world assets (RWAs) and the democratization of private markets.

By bringing private equity exposure on-chain, Tessera unlocks a new financial layer where:

- Liquidity becomes continuous. Tessera tokens can trade 24/7 on decentralized exchanges, giving participants real-time price discovery instead of quarterly valuations.
- Access becomes global. Anyone can participate permissionlessly with a wallet and as little as one dollar and no KYC required.
- Transparency becomes standard. Every asset backing is auditable on-chain through Chainlink Proof of Reserves and verifiable custody via Fireblocks.
- Flexibility emerges. Tokens can be freely transferred and traded on Solana DEXs like Meteora and Jupiter.

For participants, Tessera provides exposure to high-growth, high-impact companies before they go public.