NASDAQ Acquires SecondMarket To Help Startups Sell Shares

NASDAQ has agreed to buy SecondMarket Solutions to combine forces with the NASDAQ Private Market. The group will facilitate the exchange of shares for private companies, including DocuSign, Pinterest, Shazam and Tango.

Bill Siegel, present CEO of SecondMarket, will lead the expanded NASDAQ Private Market business, which will be headquartered in both San Francisco and New York. The businesses will continue to operate as usual from day one.

NASDAQ Acquires SecondMarket To Help Startups Sell Shares

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