OVERLAND
PARK, Kan., July 17,
2024 /PRNewswire/ -- LODAS Markets, the only fully
automated online marketplace to buy and sell alternative
investments, reported 366 trading transactions for the first half
of 2024, a 73% increase from a year ago.
"Launching our transfer-agent business
helps investors efficiently invest in alternatives."
The period also included the launch of the LODAS transfer-agent
(TA) business as the firm supports investors throughout the
alternative-investing lifecycle, from client onboarding through an
investment's secondary sale on LODAS. Multiple TA clients are
partnering with LODAS and others are joining this quarter.
WHY IT MATTERS
- By adding transfer-agent capabilities, LODAS enables
sponsors to streamline the entire investment life cycle for
investors.
- LODAS addresses time-consuming, inefficient alts
processes, making it easier for investors to buy and sell as
they choose.
- As the leading platform for trading of non-listed REITs
and other often illiquid investments, LODAS provides a lifeline to
investors seeking liquidity. Since inception, 120 investments have
traded on LODAS.
MORE 1H24 INFO
- LODAS was the largest U.S. ATS* focused on alternative
investments in the first quarter, and the fourth-biggest
overall, measured by number of shares traded.
- LODAS remains the leading secondary market for trading
Franklin BSP Capital Corp. shares and the only secondary market
offering trading of the two largest non-listed REITs,
Blackstone's BREIT and Starwood's SREIT.
Franklin BSP, part of the Franklin
Templeton family, was targeted by a recent Cox Capital
mini-tender. More than $2 million of
Franklin BSP shares traded on LODAS in the 2Q.
Multiple recent LODAS trades in Franklin BSP were at
$12.57, 33% above the Cox offering
price and just 14% from current NAV ($14.66).
- Also in the first half, LODAS:
- Enhanced its market data offering, providing
unparalleled information to investors
- Launched a straight-through-processing platform to
streamline onboarding for advisors, their clients and
individuals seeking to invest in alts. The service is free to LODAS
transfer-agent clients.
*An ATS is an SEC-regulated electronic market matching buyers
and sellers of any asset class, including alternatives, equities,
etc.
FROM LODAS CEO/FOUNDER BRIAN
KING:
"Launching our transfer-agent business and enhancing our
market-data platform are two direct responses to investor feedback
as individuals and institutions seek more efficient ways to invest
in alternatives."
"Our transaction growth is partly due to our evolving
partnership with financial advisors as they seek to simplify the
alts-investing process for their clients."
TRADING ON LODAS
Registering to trade on LODAS takes a few minutes. Please click
this link and follow the prompts.
ABOUT LODAS MARKETS
LODAS, launched in 2021 as Realto, Inc., stands for Liquidity On
Demand As a Service and is committed to helping investors
find liquidity via its SEC-registered online marketplace. Despite
the merits of LODAS, there's no guarantee a market will develop for
some securities, and as a result, they may remain illiquid. LODAS
Securities LLC, Member FINRA/SIPC, is a subsidiary of LODAS
Markets, Inc.
Please visit our
website, LinkedIn, Facebook, X and YouTube.
MEDIA CONTACT
Randy Williams
+1.917.213.5980
randy@eph2comms.com
EPH2Comms
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SOURCE LODAS Markets