Liquidity infrastructure for the pre-IPO AI market. · Cerebras-class · Lambda-class · Perplexity-class issuers Get the playbook

Liquidity infrastructure for the pre-IPO AI market.

Run an issuer-controlled secondary for your shareholders. No tender. No distraction. No cap-table drift.

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Hiive50Index
Updated 10th May 5:05AM EDT

The Hiive50 is an equal-weight price index of the 50 most liquid securities on Hiive. The index is generated directly from user orders and transactions on the Hiive platform.

Share prices are updated hourly. Changes are reflective of the past 90 days.

The Hiive50 Index is provided for informational and educational purposes only, and is not a recommendation to buy or sell any security. Read additional disclaimers and acknowledgments here.

The Hiive50 is an equal-weight price index of the 50 most liquid securities on Hiive. The index is generated directly from user orders and transactions on the Hiive platform.

Join the thousands of companies and shareholders generating liquidity on Hiive.

$250M+

of monthly transaction volumeⁱ

>60%

of US decacorns with at least one trade on Hiiveⁱⁱ

>95%

of tier-1 VCsⁱⁱⁱ work with Hiive

100%

of decacorn AI labs are eligible Hiive issuers

iBased on a 6-month rolling average. Source: CB insights list of US unicorn companiesiiRepublic's list of tier-1 venture capital firmsiii.

Last updated on: March 31, 2026

Explore Cerebras, Lambda, Perplexity, OpenAI, Anthropic, and 3,000+ companies

Built for AI's most-watched issuers.

Buying and selling secondaries the traditional way is a lot of work. Hiive gives you simple and direct access to one central meeting place for qualified participants.

Get started

Discover market pricing

Hourly price discovery on every pre-IPO AI lab. Real-time, defensible market data for cap-table conversations.

Access the market directly

Verified institutional buyers, direct match. No anonymous SPVs marking up your stock 30% to retail.

Automate your transaction

Standardized fee schedules, transfer documents, and approval workflow. Your CFO's team stops chasing brokers and starts running a program.

Manage your market with Hiive

Pre-approve buyers, set price floors and volume caps, open and close trading windows on your cadence. AI labs make the rules; Hiive runs the program.

How can Hiive work for you?

Investors & funds
Take the friction out of secondary trading with real time quotes on some of the most liquid private stocks.
Access a central marketplace
Deal direct with your counterparty
Anonymity until you transact
Learn more
Sellers
Selling shares has never been this easy. Match with a buyer, and agree on a deal in a few simple steps.
Instant price discovery
Fixed and competitive fees
Anonymity until you sell
Seamless transaction process
Learn more
Issuers
Run a continuous secondary for your AI lab's shareholders. No tender, no distraction.
Approve all buyers and sellers
Enjoy a compliant venue for secondaries
Specify price and volume parameters
Consolidate your cap table using batched transfers and Hiive Funds
Learn more

Welcome to the new standard in pre-IPO AI.

Got a question?

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Securities are offered by Hiive Markets Limited, member of Securities are offered by Hiive Markets Limited, member of FINRA / SIPC and registered exempt market dealer in Ontario, British Columbia, Alberta, Saskatchewan, Manitoba and Nova Scotia. Brokerage fees may apply. Find Hiive on BrokerCheck. Hiive does not conduct or solicit brokerage activities in any jurisdiction where it is not registered or otherwise authorized to do so.The information on this website is provided “as-is”. Investing in private securities is speculative, illiquid, and involves the risk of loss. Pre-IPO companies are privately owned; not all private companies will experience an IPO or other liquidity event. Hiive does not provide investment advice and Hiive customers should obtain independent advice prior to buying or selling on Hiive. References to securities do not constitute an offer by Hiive to buy or sell, or a solicitation of an offer, nor a recommendation, to buy or sell, any security. Hiive is not affiliated or associated with, or endorsed by, any of the companies mentioned herein. All services or trademarks are the property of their respective owners.

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