For decades, issuing and administering private and non-listed, public securities has been a manual, paper-intensive and inefficient process. With Openfinance's technology, sponsors and issuers of private securities can benefit from reduced costs, a more efficient secondary market, and improved valuations.
Improve Valuations
The presence of efficient secondary marketplace transactions helps enhance liquidity, to ensure your private company is valued more accurately.
Reach Broader Capital Markets
Raise capital from a larger set of global investors while providing optionality, not redemptions
Lower Capital Costs
Retain more equity while raising more capital through the promise of secondary market liquidity.
Reduce Administrative Costs
Openfinance is built on fully automated technology to minimize the friction from legacy third-party intermediaries.
A Commitment to Compliance
Baked-in KYC/AML standards ensure only approved, qualified investors participate in the market.
Openfinance partners with the industry’s top administrators to match you with the best fit for your listing.
Listing on Openfinance
Pre-Issuance
Before listing your asset with Openfinance, you should work with legal counsel to determine your corporate and offering structure and prepare offering documents. Once complete, you will submit your documentation for review as part of our due diligence process.
Sale + Issuance
During your capital raise and issuance, Openfinance works with you and your chosen administrator to ensure all compatibility and compliance standards have been met. When all requirements are in place, the securities are issued to qualified investors.
Post-Issuance
Our AML/ KYC and accreditation reviews ensure your security only transfers between eligible parties when traded using our secondary market technology.
FAQs
What is a lockup period?
The SEC considers many private offerings to be restricted securities. Restricted securities often require investors in the initial offering to hold the security for a certain period of time. Please consult your legal counsel for mandatory holding periods by offering type.
Can non-U.S. investors trade on the platform?
Yes, Openfinance is available to both U.S. and non-U.S. investors. The type of security offering will dictate who can and cannot own the security at a given time. Openfinance technology enforces these regulations automatically with every asset.
