Recent news about iownit: new services, participation in conferences and other events
I am proud to share that iownit is open for business!
It has been 2.5 years since we started working on iownit. Shortly after embarking on this journey we established iownit Capital and Markets, Inc. and our wholly-owned broker-dealer subsidiary IOI Capital and Markets, LLC.
I am excited to now share that IOI Capital and Markets, LLC. has become a registered broker-dealer with an Alternative Trading System (ATS) license. We are believed to be the first such broker-dealer in the U.S. to operate a blockchain-based platform for the digital issuance of private securities and secondary trading of private placement securities.
Over the past 15 years, the structure of capital markets in the US has changed. While the number of companies listing their securities and raising capital in public markets has steadily declined, the number of private issuances aimed at raising capital in private markets has steadily increased1. Reasons for this are numerous - costly compliance for companies, the abundance of capital seeking new exciting investment opportunities, changes in market structure, etc.
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