Nobody Publishes Their Cap Table 📄

Early-stage equity is the most closely held information a company has, because who invested, at what price and how much decides everything about the next round.

$CC exists because institutions wanted assets on a shared ledger without showing competitors what they paid, and on $SOL a tokenized share is an ordinary token, so the register and every transfer in it are readable by anyone.

Tokenizing startup equity has run into that wall from the first day. A founder cannot publish a cap table, and an investor cannot publish a position, so the thing gets built for assets that are already public instead.

Seedplex is building the version that is not. It turns early-stage equity into venture tokens on Arcium, where a holding is split into fragments across a cluster of nodes and no node holds enough to read who owns what.

The transfers still post to Solana like any other, so a registrar can prove the share moved without the market reading the register.

Seedplex is one of fifteen teams now listed on Arcium's ecosystem page.

Companies stay closely held partly because their paperwork is, and Arcium is what lets that survive tokenization.

#RWA