Related: metamask announced you can invest in shares via their extension yesterday. The tokens are ec20 versions pinned to the shares or something. Managed by a 3rd party though, and only available in the US.

https://metamask.io/news/metamask-adds-tokenized-us-stocks-e...

Binance moving in a similar direction. I was thinking more in the realm of early-stage private equity. I think Switzerland is in the process of allowing it but there are significant hurdles.

https://gemini.google.com/share/b06020007217 (see bottom)

A black market may arise for this sort of stuff. People won't want to be locked out of investing due to not being eligible due to lack of High Net-Worth status. Is that even validated on the blockchain? Maybe such investing could be classed as gambling in certain places.