FEX was created in the fall of 2017 and closed a year later. The venture began with the notion that ICOs present tremendous potential, both for good and for harm. The ICO model's characteristics (at least in theory) of global availability through global issuance and global tradability or transferability were, to us, a catalyst for an evolved IPO. We also recognized an untapped demand for efficiency, access, and trust in the private securities space–from both issuers and investors. We saw an opportunity to create a global trading venue for privately-issued securities that harnessed distributed ledger technology and harmonized regulatory requirements in a multi-jurisdictional exchange for these securities tokens or digital bearer tokens.
Our work was fast, furious, and fun, thanks to our team, our partners, and the backing of supportive investors that shared our vision. Unfortunately, we were unable to take the business to the next stage. This was due to a combination of things: the perception of a changing regulatory landscape, the lack of traction of even one good offering in a market hit by ICO distrust, and, consequently, shallow investor appetite for such investments.
If you’d like to learn more about the Funder Exchange story or pick our brains about securities tokens, digital bearer receipts, blockchain, financial market regulation, financial market infrastructure, and startups, just reach out to former CEO Antonio Usama DeLorenzo or former CMO Beth Smits. While FEX may have been put to rest, our passion for these complicated issues and how they will help shape the future remains strong.
Company Details
- Founded
- -
- Address
- Singapore, Singapore Singapore, Sg
- Industry
- Capital Markets
- NAICS
-
Securities, Commodity Contracts, and Other Financial Investments and Related ActivitiesSecurities and Commodity Contracts Intermediation and BrokerageSecurities BrokerageCommodity Contracts DealingCommodity Contracts Brokerage
- Website
- funderexchange.com
- Keywords
- financial market infrastructure, private investment, private capital, project finance, asset management, enterprise finance, distributed ledger technology, startup, securities markets, regulation, fintech.
- HQ
- Singapore, Singapore
Funder Exchange Questions
Funder Exchange's website is funderexchange.com
Funder Exchange's LinkedIn profile is https://sg.linkedin.com/company/funderexchange
Funder Exchange's industry is
Capital Markets
Funder Exchange's top competitors are
Esn Rotterdam - Erasmus Student Network,
Paceupinvest® Gmbh,
Vector Pay,
Center For Accelerating Financial Equity (Cafe),
Miami Fintech Club,
Holland Fintech,
Quartus Capital Partners,
Identitii,
Betablocks,
Trelly.
Funder Exchange's categories are Capital Markets
Funder Exchange's founding year is 2017
