Quick answer: WLTH does not offer guaranteed instant liquidity. Slices are equity-backed pre-IPO positions you may list on the WLTH marketplace when fund rules allow, but exits depend on buyers, lockups, jurisdiction, and demand. This is conditional secondary liquidity, not free trading like a public stock exchange.
How trading Slices works on WLTH
A Slice is an on-chain NFT representing equity-backed economic exposure to a specific pre-IPO offering. It is not a publicly listed stock.- Subscribe to a fund offering and receive a Slice when the transaction confirms.
- Check lockup rules in the fund documents. Some offerings block transfers for a defined period.
- List on the marketplace (if eligible) at your chosen price in USDC.
- A peer buyer must accept your price and pass eligibility checks.
- Settlement occurs on-chain on Base: Slice transfers and payment per listing terms.
WLTH vs traditional lockups
What can block a sale
- Fund-level lockup schedules on primary subscription
- Jurisdiction and KYC eligibility gates
- Marketplace listing requirements for that Slice
- Low buyer demand (no counterparty)
- Corporate events (IPO, wind-down, transfer restrictions)
- Wallet and smart-contract security risks
Settlement mechanics
Who is involved in a trade
Risks and limitations
- You may lose all or part of your investment.
- Liquidity risk: no buyer for months, years, or ever.
- Concentration risk in single-company Slices.
- Regulatory risk as tokenized private offering rules evolve.
- Valuation risk: marketplace prices can diverge from last reported valuations.
Related guides
FAQ
Is there really no lockup on WLTH?
Is there really no lockup on WLTH?
There can be lockups. Individual fund offerings may impose periods where secondary transfers are disabled. Even after lockup ends, you still need a willing buyer.
Can I trade WLTH Slices anytime?
Can I trade WLTH Slices anytime?
No. You can only trade when fund terms permit, when you are eligible, when the marketplace supports that Slice, and when another user buys.
Does WLTH buy my Slice if nobody else will?
Does WLTH buy my Slice if nobody else will?
No. WLTH operates marketplace infrastructure but does not commit to repurchase your Slice at any price.
How is this different from selling stock on Nasdaq?
How is this different from selling stock on Nasdaq?
Public stocks have continuous exchange liquidity and market makers. WLTH Slices are private-market, tokenized exposure with episodic peer matching.
What affects Slice liquidity?
What affects Slice liquidity?
Fund lockups, listing rules, buyer demand, asset popularity, your jurisdiction, corporate events, and network conditions at time of sale.
What if nobody buys my listing?
What if nobody buys my listing?
You remain the holder until a buyer appears, a corporate event occurs, or the fund winds down per offering documents. You may adjust price or delist.
Browse the WLTH marketplace or review Terms and Conditions.