Democratizing access to secondaries

The OTC and secondary markets for lockups and locked tokens have traditionally been the playground of whales, institutional investors, and large funds that command significant amounts of capital. These players are able to negotiate large block trades that can secure substantial discounts due to their sheer volume and market influence. Their transactions are often conducted through private channels, where discretion and expertise allow them to capitalize on market inefficiencies without the risk of slippage or adverse price impacts. The exclusivity of these markets means that access to the most favorable terms is typically reserved for those with deep pockets and a high level of industry sophistication.

Retail participation

Opening up the OTC and locked asset space to retail and broader crypto traders could democratize access to these attractive market conditions. By enabling smaller players to participate, a more competitive environment would be fostered where better discounts and pricing are no longer the exclusive domain of institutional giants. This increased participation could drive transparency and efficiency within the market, allowing a diverse set of participants to leverage the benefits that have historically been available only to those with substantial capital. In effect, broader access would not only level the playing field but also stimulate further innovation and liquidity in the ecosystem.