South Korea To Establish Trading Market For Crowdfunded Tech Companies

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.”
http://www.businesskorea.co.kr/english/news/smestartups/14199-private-market-startups-krx-establish-private-market-support-startups%E2%80%99-stock

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About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in accredited investor, Banks, Broker dealers, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Legislative Intent, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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