Private companies
Selected category-defining private companies held through the governed HECTX portfolio sleeve.
$148.7M
Private-market index
Own the index.
See what is inside.
HECTX is a ledger-native index designed to turn a governed portfolio of selected private companies and recognized cash into one transparent position.
$HECTX
NAV / HECTX$22.93
- Index NAV
- $155.1M
- Circulating
- 6.8M HECTX
- Network
- Canton
One index. Two sleeves.
The HECTX composition is global: it defines the value represented by every unit. An investor’s dashboard is separate and shows how many HECTX units that individual account holds.
NAV mix100%
Pre-IPO95.90%
Cash4.10%
Recognized cash
Recognized settlement assets awaiting deployment or retained for portfolio operations.
$6.4M
$22.93
24H NAV change+1.10%
$21.62 at the beginning of the period and $22.93 at the latest NAV snapshot.
Private-market leaders, in one living universe.
HECTX is designed around a continuously reviewed universe spanning frontier AI, financial infrastructure, enterprise software, mobility and industrial technology. The orbit shows the breadth of companies under research; the published HECTX composition remains the authority on what the index actually holds.
A research category view.
CategoryResearch namesModel shareReference value
Frontier AI & compute732%$47.6M
Financial infrastructure924%$35.7M
Enterprise software518%$26.8M
Mobility & industry516%$23.8M
Consumer & networks410%$14.9M
Total abstract model30100%$148.7M
Research interface model. Counts reflect the names shown above; category groupings, shares and reference values are extrapolated from the displayed private-company NAV and may be incomplete, outdated or inaccurate. They are not the published HECTX composition, portfolio weights, valuation evidence or an offer to invest.
From portfolio governance to an investor balance.
Each HECTX unit follows the same governed path: define the portfolio, approve its value, issue against a confirmed quote and record the resulting investor balance.
- 01
Curate
A governed portfolio defines the private-company exposure and cash sleeve represented by HECTX.
- 02
Value
Approved valuation inputs produce portfolio NAV and the published NAV for one HECTX.
- 03
Mint
Eligible investors fund a confirmed quote and receive HECTX through the issuance workflow.
- 04
Hold & use
HECTX records one balance that can support portfolio monitoring, market discovery and future liquidity.
Eligibility-awareAccess and financial permissions remain server-owned.
NAV-governedPrimary issuance is tied to a confirmed, time-limited quote.
Ledger-nativeIssuance and balances are designed around Canton workflows.
The language of HECTX, without the fog.
A shared vocabulary makes the index easier to evaluate—from portfolio composition and NAV to minting, market premiums and ledger settlement.
HECTX
The index unit issued against the governed Hecto private-markets portfolio and recognized cash.
HECTX composition
The global portfolio that defines what every HECTX unit references. It is separate from an investor’s personal balance.
NAV
Net asset value: the recognized portfolio value after applicable adjustments.
NAV / HECTX
The published primary issuance value for one HECTX unit.
Market price
The price quoted for HECTX on a secondary venue. It can differ from published NAV.
Premium
The percentage by which a venue price is above NAV / HECTX.
Follow HECTX as the index grows.
Receive product, portfolio, liquidity and selected private-company updates.