- 9 Martie 2023
SeedBlink launches Secondary Market for individual investors in European startups
Prior to the launch, several pilots were run with existing shareholders. With this version, all verified users have access to a new Bulletin Board and processes to privately negotiate sell-buy offers, extending trade access for all equity rounds in the portfolio and enhancing investor control over the process.
The secondary market, which is centered on pan-European tech-exclusive deals, is expected to offer early liquidity to individual investors in startups, an otherwise illiquid asset class, in order to free up capital while allowing buyers to invest at various risk profiles and take part in projects they might have missed on the primary market.
Clients of SeedBlink may at any moment electronically register an interest in participating in the Secondary Market as a buyer or a seller on the platform, together with the quantity and price per unit they wish to sell or acquire. The price can be negotiated between buyers and sellers through offers and counteroffers. To secure ownership transfer, activities will be carried out by SeedBlink once every three months, streamlining the procedure for investors.
With the recent Benelux expansion and the existing CEE offices, SeedBlink consolidates its position as the go-to platform for European tech startups. The secondary market will further reduce barriers between individual investors and opportunities for startup investments.
"Liquidity was the most sought-after feature for individual investors to diversify further their portfolios with startups. Platforms like ours enable individual investors to participate directly in startups backed by VCs as primary transactions. We are contributing to further democratizing the industry by elaborating on secondary investments, also referred to as secondaries”, explains Andrei Dudoiu, SeedBlink’s founder and Managing Partner.
The secondary market is made possible by the ECSPR regulation, which defines clear procedures around the primary and secondary markets throughout Europe, creating a safe environment for cross-border startup investments.
“The platform's European tech-exclusive focus and the direct negotiation capabilities set it apart from other secondary markets. Together with a carefully selected pool of investors and tech enthusiasts, our offer consists primarily of VC-backed deals.The current investment threshold is minimum €2,500, but the introduction of a secondary market will remove the investment ticket size, enabling more people to create wealth by investing a fractional amount in equity projects with unprecedented access to curated European early-stage tech companies alongside institutional investors” says Carmen Sebe, SeedBlink’s CEO.