Linqto to Pursue a Nasdaq Listing

Linqto , a leading financial technology platform providing individual investors access to private markets, today announced strategic developments as it evolves its business focus into its broker-dealer. By leveraging its affiliated broker-dealer, Linqto Capital, Linqto seeks to expand its offerings to help it become the top marketplace for trading of private company investments, enabling greater liquidity and access to the private markets.

“Linqto’s mission to democratize access to private equity remains central to our strategy as we focus on driving shareholder value and building a future where everyday investors have enhanced access to private markets,” said Joe Endoso, CEO of Linqto Capital. “By leveraging our broker-dealer operations and advancing our trading platform, we’re creating a more transparent and efficient investments market, where private equity becomes more accessible to a broader range of investors.” Consistent with Linqto’s mission, Linqto Capital’s Alternative Trading System will provide accessibility and liquidity in private investing at affordable prices.

As part of the evolution to becoming the top private investing platform, Linqto is preparing a registration statement to file for a potential IPO listing on NASDAQ. This move follows the company’s decision to terminate its previously announced SPAC Agreement with Blockchain Coinvestors Acquisition Corp. I (Nasdaq: BCSA). The timing and nature of any filing will be subject to internal and external conditions, and further public statements will be made as developments occur.

Source: Investing.com