Tessera offers onchain exposure to SpaceX and other private firms
Tessera has introduced Solana-based tokens designed to track the economic performance of selected late-stage private companies.
Tessera has introduced Solana-based tokens designed to track the economic performance of selected late-stage private companies. Solana (SOL) is trading at $82.69, down 0.1% since this brief published. This is an original TLT brief based on reporting by Brave New Coin, with live market data added, as of Tue, 10 Nov 2026 23:15:02 UTC.
The platform gives decentralized-exchange users an onchain way to gain exposure to companies that are not publicly traded, with SpaceX among the initial underlying businesses represented.
- Tessera launched Solana-based tokens for exposure to late-stage private companies.
- SpaceX, OpenAI, xAI and Kalshi are among the companies covered.
- SOL trades at $82.78, down 4.37% over 24 hours.
- The total crypto market cap is $2.51 trillion amid broad weakness.
- Solana Co-Founder Pushes for Tokenized Stocks, Warns Traditional Firms to Go Private
- Tessera offers onchain exposure to SpaceX and other private firms — this brief
Brave New Coin reports that Tessera, a 
Solana-based platform, issues tokens linked to the economic performance of late-stage private companies. The initial roster includes SpaceX, OpenAI, xAI and Kalshi, with the tokens intended to trade without permission on decentralized exchanges.
The project is led by founder and CEO Chan Ahn. According to Brave New Coin, Ahn previously spent more than 15 years in traditional finance at Goldman Sachs, JPMorgan and Credit Suisse, working on derivatives, structured products and private markets. He also holds a PhD in computational finance from Imperial College.
Tessera’s approach is notable because it extends onchain trading beyond assets issued by public companies or conventional crypto projects. As Brave New Coin describes them, the tokens track the economic performance of private-company exposure and remain accessible through decentralized-exchange trading rather than requiring a centralized brokerage account.
Market conditions were weak during the reported period. Solana was priced at $82.78, declining 4.37% over 24 hours and 11.49% over seven days, while its market capitalization stood at $48.94 billion. 
Bitcoin fell 2.00% over 24 hours, the total crypto market capitalization was $2.51 trillion, and the Fear & Greed Index registered 32, indicating fear. The launch therefore entered a broadly declining market environment, while the distinction between private-company exposure and crypto-native assets may shape how traders evaluate the product.
Since this brief published about 60 minutes ago, Solana (SOL) has moved from $82.78 to $82.69 — -0.11%.
The chart plots SOL's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution; intraday detail builds over the first day). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 SOL ≈ ₦114,900.24 (about $82.69), down 4.4% over 24 hours. The naira itself trades about 3.0% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 10, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Tessera offers onchain exposure to SpaceX and other private — questions & answers
Which private companies does Tessera cover?
The reported initial set includes SpaceX, OpenAI, xAI and Kalshi, with each company represented by a Solana-based token.
Where can Tessera tokens be traded?
Brave New Coin reports that they are designed to trade permissionlessly on decentralized exchanges.
How is Solana performing around the launch?
SOL was trading at $82.78, down 4.37% over 24 hours and 11.49% over seven days.
How much is 1 Solana worth in naira today?
About ₦114,900.24 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $82.69. The naira price moves with both SOL's US-dollar price and the USDT/NGN rate; use our Solana in naira page for any amount.
Has Solana's price moved since this brief was published?
SOL is down 0.11% since this brief first published — trading at $82.69 now versus $82.78 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Brave New Coin. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.