Seedrs unveils fresh boost to crowdfunding trading

Until now, shares that the public have bought at very early stage crowdfunding of nascent entrepreneurial businesses have been difficult to trade before they exit via a flotation or sale of the business.

Sir Andy Murray has backed a string of firms through Seedrs, which is launching a secondary market for investors. Picture: John Devlin

• READ MORE: Andy Murray serves up trio of fresh investments

“The long-term nature of this asset class means the vast majority remain illiquid for some time,” said Seedrs, which has seen tennis star Sir Andy Murray make a string of investments in start-up firms via its platform.

Own an innovative start-up? Find out how to win £5,000 for your business

“The Seedrs secondary market seeks to change that. It will allow investors the opportunity to sell shares in companies they’ve invested in via Seedrs to other investors,” the group added.

200 Voices: find out more about the people who have shaped Scotland

It will also give investors in Seedrs-funded companies the opportunity to increase their stakes. The group said today that the market will be “open for trading” for one week on the first Tuesday each month known as “Trading Tuesdays”.

Click here to ‘Like’ The Scotsman Business on Facebook