PFO (e/acc)(@pfo_sac):Another prime example of why SPV structure matters. In many secondary deals, retail ends up with lower-class shares, often C-class or similarly limited-rights stock packaged into SPVs with little to no protection. Then, when an IPO comes around, those same structures can leave retail exposed, diluted, or excluded. That is exactly why the details matter. We brought on @ryonnixon of Horizons Law, former General Counsel of Solana, to help design retail access with venture-grade protections for our raises on @craftsdev, including scenarios like IPOs. Retail should not just get access and liquid exposure. Retail should get structure, rights, and protection. Craft Mode.

2026.05.12 14:42

Another prime example of why SPV structure matters. In many secondary deals, retail ends up with lower-class shares, often C-class or similarly limited-rights stock packaged into SPVs with little to no protection. Then, when an IPO comes around, those same structures can leave retail exposed, diluted, or excluded. That is exactly why the details matter. We brought on @ryonnixon of Horizons Law, former General Counsel of Solana, to help design retail access with venture-grade protections for our raises on @craftsdev, including scenarios like IPOs. Retail should not just get access and liquid exposure. Retail should get structure, rights, and protection. Craft Mode.