Mon, Dec 23 2024
With a test launch of its app-based product, US start-up Koilink Technologies is getting set to make its market debut and "revolutionize how investment brokers and companies interact."
The app is scheduled to be live in beta in Q4 and is intended to act as a platform for high-net-worth people, public or private corporations, and investment brokers to "seamlessly connect, negotiate and finalize deals" pertaining to stock offerings.
Joel DeBellefeuille, a serial entrepreneur, founded the app, which aims to deliver real-time market information, interactive communication capabilities, and "detailed user providers" to guarantee exclusive access to brokers who are accredited by FINRA, IIROC, and the SEC.
According to the start-up's statement at debut, "the platform's robust features and user-friendly interface make it an attractive option for investors looking to streamline their investment processes and stay updated with the latest opportunities in real-time."
After first examining the Chicago Board Options Exchange (CBOE) and Over-the-Counter (OTC) Markets, Koilink has now stated that it intends to initiate a stock market flotation of its common shares on the Canadian Securities Exchange (CSE) in order to "further its growth and reach."
Although Koilink claims that the action “underscores the company’s commitment to transparency, innovation, and expansion,” the company has not yet provided a precise timeframe for the project.
Belle Bonica Luxe Corp., doing business as BlockChain Loyalty Corp. (BBLC), was previously reported to have purchased a 20% minority investment in the start-up for an unknown amount in April.
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