What is Tessera?
Disclaimer: This article provides general information to help explain Tessera's Terms and Conditions in simpler language. It is for informational purposes only and should not be relied upon as legal, financial, investment, or tax advice. T-Tokens represent loan participation rights, not securities, though regulatory treatment may vary by jurisdiction. This is not a substitute for the official Terms and Conditions at https://terms.tessera.pe, which shall prevail in all respects in case of any discrepancy. These materials are not directed to persons in jurisdictions where such activity would be unlawful. Before using Tessera, you must read and accept the complete Terms and Conditions and consult your own legal, financial, and tax advisors.
Tessera is a decentralized private-markets platform designed to make exposure to leading private companies accessible to everyone.
By leveraging on-chain tokenization, Tessera allows users to obtain tokenized exposure using stablecoins, with redemption and settlement governed by the relevant terms and structure
Problem
Private equity is one of the world's best-performing asset classes, yet it remains fundamentally inaccessible.
Exclusivity: Only accredited investors—those earning over $200K annually or with a net worth above $1M—can participate directly.
High minimums: Existing platforms require investments of $100K or more.
Illiquidity: Settlements can take weeks, and investors are often locked in for years.
This structure locks 99% of the global population out of a market that consistently outperformed public equities by more than 4% per year.
Opportunities
Tessera sits at the intersection of two unstoppable trends: the tokenization of real-world assets (RWAs) and the democratization of private markets.
By bringing private equity exposure on-chain, Tessera unlocks a new financial layer where:
Liquidity becomes continuous. Tessera tokens can trade 24/7 on decentralized exchanges, giving participants real-time price discovery instead of quarterly valuations.
Access becomes global. Anyone can participate permissionlessly with a wallet and as little as one dollar and no KYC required.
Transparency becomes standard. Every asset backing is auditable on-chain through Chainlink Proof of Reserves and verifiable custody via Fireblocks.
Flexibility emerges. Tokens can be freely transferred and traded on Solana DEXs like Meteora and Jupiter.
For participants, Tessera provides exposure to high-growth, high-impact companies before they go public.
The Vision
Tessera envisions a future where capital markets are open by design.
Private markets built the modern economy, but their structure favored exclusivity, opacity, and delay. Now it's possible to build a transparent, liquid, and borderless system of exposure that anyone can participate in.
In this new model:
Private asset exposure is discoverable and tradable in real time.
Participation opportunities are shared, not reserved.
Liquidity is continuous, and transparency is infrastructure.
Tessera launches on Solana and operates as a permissionless platform, connecting participants globally through a single principle: access without compromise.
Private markets built the modern economy. Tessera is building the open one.
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