Tokenized Access to Vercel Pre-IPO Equity.

Vercel is the company behind Next.js and the “AI Cloud” stack developers use to ship modern web apps fast, now pushing into AI-native workflows via products like v0 and its AI tooling ecosystem. On September 30, 2025, Vercel announced a $300M Series F at a $9.3B post-money valuation, co-led by Accel and GIC, plus a $300M tender offer for employees and early stakeholders-signals of both institutional confidence and mature secondary liquidity. Vercel’s strategic posture is also clear: its tooling directly supports integrations with major model providers (e.g., OpenAI docs and Anthropic collaboration). Investors get exposure to the “default cloud for AI-native frontends” narrative and enterprise expansion potential ahead of a public exit.