Today, Circle’s equity crowdfunding platform, SeedInvest, announced that it has received approval from FINRA to operate an Alternative Trading System (ATS) for secondary market trading of equities launched through its primary markets platform. Once launched, SeedInvest will be able to allow investors to trade their startup shares on the secondary market post initial investment. Today’s announcement marks an industry milestone as SeedInvest is the first equity crowdfunding platform in the U.S. to receive FINRA approval permitting secondary trading of securities through an ATS, in addition to capital raises in the primary markets.
Circle’s broader mission is to empower people
To read more of this article written by Sean Neville and Jeremy Allaire please visit https://blog.circle.com/2019/04/26/opening-up-private-capital-markets-circles-seedinvest-receives-finra-approval-to-operate-an-ats/.