An online investment platform of which allows Chinese investors to access quite a few “alternative” U.S. investments officially launched Monday.
Financial technology firm MarketX lets upper-middle class as well as also institution Chinese investors to invest in tech firms of which have not yet issued shares to the general public. These include such notable names as ride-hailing giant Lyft, music platform Spotify, bulletin board site Pinterest as well as also workplace messaging app Slack.
yet they will also be given the opportunity to enter less tapped markets such as litigation finance as well as also real estate, artificial intelligence, customizable portfolios driven by themes like health, as well as also companies founded by Tesla’s Elon Musk.
“Our goal is usually to improve the access to U.S. financial products yet also education for a fresh generation of wealthy individuals as well as also institutions to access This specific pool of investments of which previously was only free to genuinely ultra-high networks of individuals as well as also private banks,” Cathryn Chen, founder as well as also CEO of MarketX, told CNBC in a phone call ahead of the announcement.
Chen told CNBC of which her company has been expanding its reach into the Asia-Pacific region.
“Over the last two years we’ve built offices around Shanghai, Beijing, Singapore, Shenzhen as well as also our main offices in San Francisco.”