Connect with us

Crowdfunding

StartEngine Receives Broker-Dealer Approval and Plans New Platform

mm

Updated

 on

The popular private securities marketplace StartEngine received its Broker-Dealer approval this month. The firm seeks to expand its capabilities in the tokenized security sector. Now, StartEngine can provide services to all 50 states via its fully regulated platform.

Reg A+ Funding

StartEngine Primary is a subsidiary of StartEngine Crowdfunding Inc. The firm registered with the Securities and Exchange Commission (SEC) and FINRA as part of its strategy to supply investors with the highest level of regulatory protections available. The licensing allows the company to raise capital via Reg A+ crowdfunding campaigns. These campaigns can be used to raise up to $50 million yearly.

Additionally, licensing permits the use of credit card investments. In turn, more investors can participate in the platform’s events. Also, the platform now allows investors to utilize bank transfers and wires as well. All of these factors provide investors with more flexibility and increases the value of the platform.

More Opportunities

Importantly, companies benefit from the new licensing attained by StartEngine. Now, businesses can raise money on a yearly basis. Notably, firms seeking to acquire over $1.07 million in funding from the platform must utilize StartEngine Capital LLC. This is the official funding portal for the project.

Another huge benefit the platform’s users can enjoy is the ability to immediately trade tokenized shares. This strategy allows investors to trade their shares prior to a company going public. In most instances, shares appreciate heavily during these investment periods.

StartEngine Via Website

StartEngine Via Website

The company has seen major developments since its inception four years prior. The firm managed to gain a major foothold in the blockchain-based crowdfunding sector. This licensing is sure to help further the company’s goals of becoming the pivotal tokenized securities launch platform in the market.

StartEngine

StartEngine is based out of Los Angeles, California. The company was founded in 2014 by Howard Marks, Paul Kessler, and Ronald Miller. To date, the company has successfully funded over 265 companies. Today, the platform is recognized as the largest equity crowdfunding platform in the US.

StartEngine – Next Steps

StartEngine has no plans of slowing down its momentum in the coming year. Company officials already announced plans to start a secondary trading platform called StartEngine Secondary. This platform allows investors to trade securities issued by the company globally.

Access to the Secondary Markets

By providing investors a full suite of capabilities, StartEngine seeks to become a one-stop-shop for investors seeking a regulated and secure tokenized securities trading experience. Also, because of the all-inclusive strategy the company utilizes, investors can rest assured that their securities are compliant throughout the entire lifecycle of their investments.

Tokenized Security Sector Heats Up

This latest maneuver showcases just how quickly the tokenized securities sector is heating up. Investors continue to show growing interest in this budding industry. Analysts predict that this year will see a continued expansion of these platforms across the globe. Given the added security, lower costs, and all-around efficiency of these blockchain-based systems, it’s no surprise to see their popularity grow. You can expect to see StartEngine reach new heights now that they are fully licensed to operate in the US.

David Hamilton is a full-time journalist and a long-time bitcoinist. He specializes in writing articles on the blockchain. His articles have been published in multiple bitcoin publications including Bitcoinlightning.com

Newsletter Subscription

Advertiser Disclosure: Securities.io is committed to rigorous editorial standards to provide our readers with accurate reviews and ratings. We may receive compensation when you click on links to products we reviewed.

ESMA: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Investment advice disclaimer: The information contained on this website is provided for educational purposes, and does not constitute investment advice.

Trading Risk Disclaimer: There is a very high degree of risk involved in trading securities. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies.

This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio.

Securities.io is not a registered broker, analyst, or investment advisor.