Forge Global, a portfolio firm of Singapore-based True Global Ventures (TGV), has listed on the New York Stock Exchange. It combined with special purpose acquisition company Motive Capital of Motive Partners for this move.
True Global Ventures founder Dušan Stojanović / Photo credit: True Global Ventures
Based in the US, Forge provides marketplace infrastructure for private company share selling. It also offers trading insights and solutions as well as securities-related services.
TGV earlier invested in SharesPost, a firm that Forge acquired in 2020. It then joined Forge’s US$150 million round in 2021 with Deutsche Börse, Temasek, Wells Fargo Strategic Capital, and LUN Partners Group.
Forge said that it saw a 71% growth for 2021 with US$3.2 billion in trading volume.
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Editing by Miguel Cordon and Lorenzo Kyle Subido
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