Forge Global, Yahoo Finance launch private market hub

Forge Global (FRGE) Holdings announced “a first-of-its-kind partnership with Yahoo Finance to provide up-to-date pricing information on many of the top unicorn companies in the world.” Through this collaboration, investors will now have access to real-time pricing and valuation data for late-stage U.S. private companies before they go public through Yahoo Finance, the company said. “The democratization of the private market is no longer a distant goal, it’s happening right now,” says Kelly Rodriques, CEO of Forge Global. “Thanks to greater pricing transparency and financial innovation, we’re empowering a broader range of investors to access private market opportunities, opening doors to more diverse investment strategies and providing new pathways for investors from retail to institutional to engage with some of the world’s most promising companies.” New products coming to market will offer new ways for retail investors to access low-cost, diversified exposure to private market shares at lower minimums. This could include registered funds designed to track custom Forge indices, such as Accuidity’s Megacorn Fund, which has filed an application with the SEC to register as an interval fund.