SecondLane

SecondLane is a Web3 private markets fintech connecting traditional finance with the digital future.

[SecondLane @Second_Lane]

Our CBDO & Co-Founder @miguelnabais is in San Francisco next week, meeting with founders, teams, VCs, exchanges, brokers, and operators across the investment ecosystem.
If you’re around from 3–5 June and want to discuss private market access or structured liquidity, please reach out.

[SecondLane @Second_Lane]

Pre-IPO markets are getting weirder, faster, and more interesting.

Our CEO @Omar_Shakeeb spoke to @TheBlockCo about SpaceX, pre-IPO perps, and why new pricing signals are emerging where private market liquidity is still hard to access.

Read it here 👇
https://t.co/zxwAwtjxT6

[SecondLane @Second_Lane]

SecondLane announces a new leadership structure, with @Omar_Shakeeb appointed CEO as the company enters its next phase of growth.
More on the full leadership team update: https://t.co/aYhOGCoZ7a

“While our roots are in digital asset private markets, the opportunity across private markets broadly is significant, and growing. Liquidity remains constrained across every segment, and institutional expectations are rising fast. We are building a stronger, more scalable company to meet that moment: the leadership, credibility, commercial reach, operating discipline, and regulatory foundations to go the distance", said Omar-Shakeeb Zahir.

[SecondLane @Second_Lane]

Excited to finally share our new report with @Delphi_Digital!
“Evolution of Digital Asset Secondary Markets” is now live, diving into the trends and dynamics shaping digital asset secondaries.

Special thanks to @3xliquidated for collaborating on the data behind this!

[Delphi Digital @Delphi_Digital]

Our new report “Evolution of Digital Asset Secondary Markets” is now Live!

Most tokens that launched in the past few years are now trading below their last private round valuations.

Based on proprietary data from @Second_Lane, secondary token opportunities priced at a discount to last round climbed from 52% in Q1 2024 to 69% through 2025. The bottom decile is now offered at 60% off or worse.

The easy read is that this is a bear market. Post launch disappointments are real, unlocks are heavy, and sentiment is close to historical lows.

But the discounts are exposing something underneath the cycle, something many of us have intuitively started to notice as market participants.

In earlier cycles, holding a token meant participating in the growth of the underlying network. That model ran into regulatory walls, so projects fell back on indirect value accrual mechanisms like DAO governance, buybacks, and staking rewards.

These structures are flexible, but they are difficult to enforce and add layers of complexity between the asset and the cash flows it's supposed to represent. Confidence in tokens as a value capture instrument eroded along with price.

The clearest evidence this is structural rather than cyclical is that not everything is discounting. Equity-heavy sectors are trading at premiums to last round right now. Tech Development, CeFi, and Wallet names are pricing between +3% and +19%. Token-heavy sectors like DeFi and Blockchain Infrastructure are discounting 8% to 16% over the same window.

Additionally, equity opportunities dominate larger ticket secondary opportunities and command a nearly 2x premium to token opportunities on average.

Tokens aren't cheap because crypto is in a bear market. They're cheap because the market has decided equity is a better way to capture value.

[SecondLane @Second_Lane]

We firmly believe no padel game in the industry should happen without the SecondLane team there. Jk, obv.

Anyway, thanks @Maven11Capital and @keyrock for having us at Sunday Padel Club!

[SecondLane @Second_Lane]

When @mBTCPiz shared this internally, we debated whether we should even publish it, since it’s basically the playbook: https://t.co/ZfYSZROgqT
Anyways, here’s how we AI-enable our systems and processes to detect liquidity early and convert market noise into pricing signals the final part of Laying the Foundation for Autonomous Private Capital.

[SecondLane @Second_Lane]

Part II of our series on how autonomous agents are rebuilding private capital infrastructure just dropped inside our closed community. It breaks down how to remove the human bottleneck and design a dark factory back office that scales AUM without scaling headcount. Sign up to get Part II: https://t.co/iIrIfleBuO

👉Catch up on the foundational layer required before agents can actually move capital at the speed of code, and why prompt engineering alone won’t get you there: https://t.co/5pvkrrHLWo

[SecondLane @Second_Lane]

The SecondLane founding team will be in New York March 23–27 for @blockworksDAS 2026, meeting with builders and capital.
If owning your liquidity matters to you, DM @nabais_andre, @miguelnabais, @mBTCPiz or @Omar_Shakeeb to schedule a meeting.

[SecondLane @Second_Lane]

Our CBDO and Co-Founder, @Omar_Shakeeb, will be at Consensus in Hong Kong next week.

The agenda and speaker lineup reflect a broader shift we’re seeing across the industry. Institutional participation in crypto is moving beyond exploration toward execution, with investors seeking clearer access to private markets and more flexible liquidity options.

At SecondLane, we support participants across the digital asset ecosystem by bringing transparency, structure, and liquidity to private market positions ahead of public markets.

If you’re attending Consensus and would like to connect ping Omar here, or via TG @OmarShakeeb

[SecondLane @Second_Lane]

We pulled together the data to create Secondaries Wrapped for you.
See what surprised, what led, and what defined the year.

Spoiler 👀 these names ended up defining the year
@solana @Polymarket @LayerZero_Core @monad_xyz @BytedanceTalk @GEODNET @Plasma @circle @BitGo @Consensys @krakenfx @Securitize

Let’s break it down👇