This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Slack’s direct listing: the non-IPO threat to Wall Street and its future in security tokens

Slack is the second big brand name in tech (after Spotify last year) to choose the 'direct listing' route to the market averaging fees of 1% versus 7% for an average IPO. George Salapa explores whether the direct listing, combined with emergence security tokens traded on a blockchain, are the ultimate disintermediation tools.

And where will things go from here? How ‘direct’ will investment become? A much-discussed trend, security tokenization is emerging as a solution that could open up even private investments to global audience of investors. Security tokenization allows people to invest their money in private investments that would otherwise be inaccessible. Removing the tons of paperwork, and exclusivity, security tokenization opens up opportunities to small-time investors by breaking up assets into tokens that can be traded on the blockchain. Away with the middlemen (!), as the investors get infinitely closer to their investments.

Tags

digital assets, defi, capital markets