Private markets investment platform Yieldstreet has successfully raised $77m (£57m) in new capital from a combination of new and existing investors, it said today.
The firm now has more than 500,000 members on its platform, and the new funding will support the expansion of the platform and accelerate the firm’s private markets integration for individual investors’ portfolios.
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The company recently launched Yieldstreet 360, its first automated investing solution.
“The next five years will define how individual investors access private markets investments,” said Mitchell Caplan, chief executive of Yieldstreet.
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“The convergence of regulatory evolution, technological advancement, and investor demand has created the conditions for a new era in private markets. This funding will position us to capitalize on that opportunity.”
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