Quick answer: You hold a Slice while a name is still private. An IPO is not a payout. After the lock-up on WLTH’s position ends, open Portfolio, tap Claim, and the Slice converts to USDC. Keep the USDC, or swap it into the public ticker in the same wallet — for example SPCX. Public tickers on WLTH run through our partner ST0x.
The path
- Hold a Slice while the name is still private.
- The company lists. That is the IPO. It is not a payout.
- The lock-up on WLTH’s position ends. That is unlock. It can be a single date or a staggered release.
- Claim the Slice from Portfolio. Proceeds land as USDC.
- Stop at USDC, or swap into the public ticker (SPCX, or another name ST0x lists). Both sit in the same wallet.
Slice vs public ticker
These are two different instruments. Same app. Same wallet. Not the same thing.
A Slice is your exposure while the name is private. The public ticker is the next leg, if you choose it. USDC is the bridge.
The walkthrough uses an xAI Slice claimed to USDC, then a swap into SPCX. Claim does not have to land in the same name. You can keep USDC, or swap into any public ticker the app offers.
How ST0x fits in
The public-ticker leg is not a second WLTH Slice. It runs through ST0x, our partner for tokenised public-market names. WLTH is the app you stay in: Portfolio, Claim, Swap, the same wallet. ST0x is the infrastructure behind the public ticker. What that means in practice:- Public names trade on Base versus USDC, inside the WLTH app.
- You use the same ticker the market uses. SpaceX on the public side is SPCX, not a separate wrapped label.
- ST0x issues the token under an FMA-approved EU base prospectus. Each token carries a Right of Exchange: a contractual right to delivery of the corresponding security, on the terms in the Base Prospectus and Final Terms.
- That is not the same as a share certificate sitting in a brokerage account in your name. Read the ST0x terms before you swap.
How to claim
Start in Portfolio. Claim is the button. The screens after that are the claim result and the optional swap.1
Open Portfolio
Go to Portfolio in the WLTH app. Find the Slice that has unlocked.
2
Tap Claim
Open that Slice and tap Claim. Your wallet asks you to confirm.
3
USDC lands
The Slice converts to USDC. The confirmation screen shows the claimed amount and a Buy button for a public ticker if one is available (the example is Buy SPCX after a 100 USDC claim).
4
Keep USDC, or swap
You do not have to swap. If you do, USDC goes into the public ticker. The example swap is 20 USDC → SPCX.
5
Check My tokenized assets
The public ticker shows on the same company page under My tokenized assets. The Slice row and the public-ticker row can sit on one screen. Same wallet. Two instruments.
What does not happen at IPO
An IPO is a liquidity event for the company. It is not automatically a liquidity event for your Slice.- The lock-up on the underlying position has to end first. That can be a 180-day cliff or a staggered release.
- Claim opens when that unlock is live for your Slice. Not on listing morning by default.
- You can still list a Slice on the marketplace before unlock if fund terms allow and a buyer exists. That is a sale of the Slice, not a claim.
What you can do after claim
Related pages
FAQ
Is a public ticker the same as buying the stock?
Is a public ticker the same as buying the stock?
No. A Slice is tokenised economic exposure to a still-private deal. A public ticker on WLTH (SPCX, and other names) is issued on ST0x rails. Neither one is a share certificate in your name, and neither one makes you a shareholder in the target company.
What is ST0x?
What is ST0x?
ST0x is WLTH’s partner for tokenised public-market names. They issue the public ticker, hold the legal structure behind it, and provide the Base / USDC trading rails. WLTH is where you claim the Slice and, if you want, swap into that ticker.
Do I have to swap after I claim?
Do I have to swap after I claim?
No. Claim turns the Slice into USDC. Swap is a separate step. You can hold the USDC.
Does claim always buy the same company I held as a Slice?
Does claim always buy the same company I held as a Slice?
No. The example is an xAI Slice claimed to USDC, then a swap into SPCX. You pick the public ticker the app offers. It can be a different name.
When can I claim?
When can I claim?
After the lock-up on WLTH’s position has ended and the claim window is open for that Slice. An IPO announcement alone does not open claim.
Can I claim only part of a Slice?
Can I claim only part of a Slice?
Where does the public ticker live?
Where does the public ticker live?
In the same WLTH wallet, under My tokenized assets on the company page. You do not open a brokerage account to hold it.