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Crypto & Web3

PitchIN Unveils PSTX, Malaysia’s First ECF Secondary Market

Nicole Kristine Jovero
Last updated: July 12, 2024 2:05 am
Nicole Kristine Jovero
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  • PitchIN launches Malaysia’s first ECF secondary market, PSTX.
  • Investors can trade shares in crowdfunded businesses.
  • The platform benefits both investors and companies, revolutionizing private equity trading.

Contents
Welcome to the future of private equity trading!Fancy a piece of the action?

Welcome to the future of private equity trading!

PitchIN, Malaysia’s digital fundraising powerhouse, is set to revolutionize the equity crowdfunding (ECF) landscape.

On July 10, 2024, they’re launching PSTX – the country’s pioneering ECF secondary market.

This groundbreaking platform will allow investors to trade shares in businesses that have raised funds through PitchIN, offering unprecedented flexibility in portfolio management.

Fancy a piece of the action?

PSTX kicks off trading bi-weekly, operating Wednesdays and Thursdays from 10 am to 5 pm. The initial lineup features ten promising companies, including e-commerce ecosystem Commerce.Asia and healthcare platform Goobat.

Investors who missed out on previous ECF deals now have a second chance to grab stakes in these fast-growing enterprises.

Sam Shafie, PitchIN’s CEO, emphasizes the mutual benefits of PSTX. Investors gain liquidity options, enhancing confidence in private market investments.

Meanwhile, listed companies can attract new backers without active fundraising.

It’s a game-changer for Malaysia’s innovative financing ecosystem, promising exciting developments in the coming months.

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