On March 28, 2017, Sweeden’s biggest equity crowdfunding platform, FundedByMe, launched a new secondary trading platform. The new FundedByMe Trading platform will connect shareholders with interested buyers. Afterward, they will take the rest of the details of the trade offline.
“The response to this early launch has been great,” says Daniel Daboczy, CEO and co-founder of FundedByMe, “We are using this early format as a testing ground and have three goals: a) we do not want to harm any companies that may be opening up a round in the near future
b) we do not want to create a dumping ground or graveyard for unlisted shares – unfortunately this is what many of the other secondary markets out there have become – and
c) we want to allow FundedByMe members to buy or sell shares even after that company’s campaign on FundedByMe has closed, because we see this need, based on how life circumstances change.”
A secondary trading platform is good news for investors. This is because one of the biggest risks with crowdfunded investments has been their lack of liquidity. The platform is introducing this new service with ‘Trading Days’.
Read the article here: http://www.crowdfundingpr.org/fundedbym ... -platform/