Stellar Pool Prices Private-Fund Exits by Cash on Hand
Photo: Coindoo
Pontoro announced the pilot on October 28 at the Stellar Development Foundation’s Meridian conference in Lisbon, with regulated platform Archax issuing the pool’s interests as permissioned tokens. Key Takeaways Pilot launched at Meridian with Archax-issued tokens Discounts widen as the cash sleeve shrinks Pool redemptions can be delayed or suspended Minimum investment is $200,000, per SEC filing How the pool works Private-fund money is usually locked up for years. An investor who needs cash before a fund winds down has to find a buyer willing to pay now and wait for the payouts, and in private markets that buyer often…
Source: Coindoo
