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Carta plans private share trading platform to rival Nasdaq

Carta is planning to launch a private share trading platform that it hopes will be a credible alternative to leading stock exchanges. The platform has 15,000 companies, 900,000 investors, law firms, and employees registered. 

“In the current world, you can either be private and illiquid or you can be public and liquid. CartaX is going to help companies be private and liquid,” said Mr Ward, who estimated the exchange could represent four-fifths of Carta’s value in the next five to 10 years.

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carta, private exchange