According to CoinMeta, as reported by Tech, in, and Asia, Hong Kong-based investment firm L2 Capital has partnered with blockchain infrastructure company Newton Labs. They plan to tokenize the equity of late-stage technology and artificial intelligence (AI) companies worth approximately $500 million within 24 months after the latter's tokenization platform goes live. L2 Capital will be among the first partners on this platform. Qualified institutions and professional investors will be able to hold these assets on-chain in the future and use them as collateral in approved lending markets.