Episodes
Wednesday Jun 26, 2024
Wednesday Jun 26, 2024
The TechMediaWire Podcast’s latest audio production features Brian Collins, CEO of Horizon Fintex and Co-Creator of Upstream, a MERJ Exchange stock market and global trading app.
To begin the interview, Collins discussed the relationship between Globex-U.S., Horizon, Upstream and MERJ as it relates to a recently launched capital raise inviting retail investors to own a piece of the proprietary trading and exchange technology powering Upstream.
“The investment opportunity is in Globex-U.S., an American entity which owns Horizon, a Swiss software company that licenses technology to MERJ for one of their markets called Upstream, a trading application that tokenizes real world assets and earns trading fees,” he said. “Those trading fees from Horizon’s technology deployment as an exchange are shared between MERJ, which is the regulated entity, and Horizon, the software company. Those profits, of course, also flow up to Globex-U.S., the company doing its funding round.”
“We really want people to come into a trading platform that allows us to open securities trading to everybody. It's no longer an elite kind of club where, especially outside of America, where you're from would preclude you from stock trading. In particular, investment opportunities that we feel are really exciting in America, with micro-cap and mid-cap companies, have been almost impossible to reach from here in Switzerland, the rest of Europe, Latin America and Southeast Asia.”
“When those companies list in the States, they can come and do a list on our platform. It brings liquidity to those companies, driving their balance sheet and their liquidity in the U.S., as well as, of course, opening them up to an international retail investor community. What we want to really be able to do is have people invest in us so that we can bring even more companies to our exchange, add more value to U.S. companies that list with us and allow access to international retail investors… We want to have people as part of an exchange for a change.”
Join IBN’s Jonathan Keim and TechMediaWire’s latest podcast guest to learn more about how positioning retail investors as owners of the technology powering Upstream aligns with the overall vision to introduce the next generation of trading.
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