> ## Documentation Index
> Fetch the complete documentation index at: https://guide.wlth.xyz/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# How can non-accredited investors access pre-IPO deals?

> How non-accredited investors can access pre-IPO companies through Regulation CF, Regulation A+, secondary marketplaces, and WLTH tokenised Slices from $20.

<Info>
  **Quick answer:** US non-accredited investors historically faced high minimums and annual caps on crowdfunding portals. WLTH offers tokenized, equity-backed pre-IPO **Slices from \$20** without requiring US accredited-investor status for standard retail access, subject to jurisdiction and fund eligibility checks in the app.
</Info>

For decades, pre-IPO access was limited to accredited investors and institutions. Regulation Crowdfunding (Reg CF) and Regulation A+ opened some doors for US retail investors, but caps and deal types still restrict access to late-stage unicorns.

WLTH uses a tokenized equity model focused on late-stage private companies, with a published **\$20 minimum** and optional peer-to-peer marketplace liquidity when fund terms allow.

## US regulatory pathways (context)

### Regulation Crowdfunding (Reg CF)

* Allows US companies to raise up to **\$5 million per year** from non-accredited investors via SEC-registered funding portals.
* Non-accredited investors face **annual investment caps** tied to income and net worth.
* Typical focus: **early-stage** companies on portals like Republic, Wefunder, and StartEngine.
* **WLTH is not a Reg CF portal.** It operates under a different model without Reg CF annual dollar caps, focused on late-stage pre-IPO companies.

### Regulation A+ (Mini-IPO)

* Allows raises up to **\$75 million per year** from accredited and non-accredited investors.
* Produces publicly tradeable shares in some cases, but is primarily used for **earlier-stage** fundraising.
* WLTH's model does not rely on Reg A+ for late-stage pre-IPO access at low minimums.

### Regulation S (non-US investors)

* Exempts offerings made outside the US to non-US persons from SEC registration.
* WLTH provides global retail access where permitted, subject to jurisdiction-specific restrictions.

### What "accredited investor" means

In the US, an accredited investor typically has:

* Annual income above **$200,000** (or **$300,000** jointly) for two years, or
* Net worth above **\$1 million** excluding primary residence, or
* Certain professional certifications.

Historically, this gated pre-IPO and private fund access to roughly **13% of US households**. WLTH does not require US accredited-investor status for standard retail access, but jurisdictional and fund-level rules still apply.

## How WLTH enables retail pre-IPO access

| Feature       | Detail                                           |
| ------------- | ------------------------------------------------ |
| Minimum       | \$20 per position                                |
| Accreditation | Not required for standard US retail access       |
| Backing       | 1:1 equity-backed Slices, not synthetic wrappers |
| Liquidity     | WLTH marketplace when eligible (not guaranteed)  |
| Companies     | Late-stage private companies (e.g. SpaceX, xAI)  |
| Network       | Base (Ethereum L2)                               |

## How to get started on WLTH

<Steps>
  <Step title="Create your account">
    Sign up at [app.wlth.xyz](https://app.wlth.xyz) with your email.
  </Step>

  <Step title="Complete verification">
    Complete KYC when prompted. Some jurisdictions are restricted.
  </Step>

  <Step title="Enable 2FA">
    Set up two-factor authentication before funding your account.
  </Step>

  <Step title="Browse pre-IPO opportunities">
    Visit [Pre-IPO Access](https://app.wlth.xyz/companies) and review fund terms.
  </Step>

  <Step title="Invest from $20">
    Select your amount and confirm. Slices appear in your portfolio.
  </Step>
</Steps>

## Related guides

* [What is pre-IPO investing?](/investment/guides/what-is-pre-ipo-investing)
* [Invest from \$20](/investment/guides/invest-in-pre-ipo-from-20-dollars)
* [Pre-IPO platforms compared](/investment/guides/pre-ipo-platforms-compared)

## FAQ

<AccordionGroup>
  <Accordion title="Can non-accredited investors invest in pre-IPO companies?">
    Yes, with the right platform. Reg CF and Reg A+ serve some US retail investors with caps. WLTH allows retail access to tokenized pre-IPO Slices without US accredited-investor status for standard access, subject to jurisdiction rules.
  </Accordion>

  <Accordion title="How does WLTH differ from Republic or StartEngine?">
    Republic and StartEngine are primarily US Reg CF / Reg A+ portals for early-stage companies with annual caps for non-accredited investors. WLTH focuses on late-stage pre-IPO companies with a \$20 minimum and an on-chain marketplace for potential secondary liquidity.
  </Accordion>

  <Accordion title="What is WLTH's minimum for non-accredited investors?">
    \$20 per position, published on the platform.
  </Accordion>

  <Accordion title="Are there investment caps like Reg CF?">
    WLTH does not operate as a Reg CF portal and does not apply Reg CF annual dollar caps. Fund terms and jurisdiction rules still apply.
  </Accordion>

  <Accordion title="What companies can I access?">
    Late-stage private companies listed in the app. Availability varies by jurisdiction and offering. See [Pre-IPO Access](https://app.wlth.xyz/companies).
  </Accordion>

  <Accordion title="Is this investment advice?">
    No. This page is educational. Review fund disclosures and [Terms and Conditions](/disclaimer/terms-and-conditions) before investing.
  </Accordion>
</AccordionGroup>