South Korea has taken the next step in crowdfunding by creating a stock market for crowdfunded enterprises.
The KRX Startup Market (KSM) pland to open on Nov. 14, and will be focused on technology-intensive startups.
It is reported that “The KRX will also establish the M&A mediation network by using information about listed companies on the stock exchange. It will combine and provide enterprise information ranging from crowdfunding firms to listed firms. Through this, the KRX plans to reduce M&A search costs and raise the M&A success rates.”