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Monday, 14 November 2016

South Korea - Exchange opens stock market for startups: ARIRANG NEWS

Published on Nov 13, 2016
한국거래소, 스타트업 장외시장 개장
A new stock market for startup businesses in Korea is now up-and-running.
Korea Exchange opened the over-the-counter market on Monday.

It's called KRX Startup Market, or KSM,… and it's aimed at helping firms raise funds easily and putting their shares on the market for investors to buy and sell.

In order to trade on the market, startups are required to raise funds through crowd-funding programs online,… or hold recommendations from state-run financial organizations like the Korea Development Bank.

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