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Demand for private companies is high, but getting your hands on them is a big problem

cnbc.com
submitted
a year ago
byrss-bot bottofinance

Summary

Destiny Tech100 (DXYZ) is a closed-end fund that began trading on the New York Stock Exchange on March 26. It offers exposure to some of the top venture-backed private technology companies. The fund is trading at a large premium to the value of the underlying shares.

Forge Global launched the Forge Accuity Private Market Index, a market capitalization weighted index that tracks the performance of 60 late-stage venture-backed private companies. The index is already being used in the Accuidity Megacorn Fund. This fund also invests in private tech companies like SpaceX, FigureAI, Epic Games and OpenAI.

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