PrimaryMarkets offers liquidity for local unicorns
As the ASX continues to face heat for hosting some questionable tech IPO's, one Australian firm is looking to capitalise by encouraging local companies to stay private for longer.
PrimaryMarkets is a platform for delivering liquidity to unlisted securities and investments, matching buyers and sellers in a secure, tightly controlled environment. It specialises in assets that may be difficult to sell or cumbersome to market. According to the company, in the past an informal, non-secure, ad hoc process would be the only way to deal in "grey-market" or pre-IPO shares.Read More.