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Korea Securities Depository to launch open venture platform

Korea Securities Depository to launch open venture platform Posted : 2021-05-30 13:31 Updated : 2021-05-30 13:31 Korea Securities Depository (KSD) plans to open a new investment support platform for startups in the latter half of this year, seeking to help unlisted firms streamline their securities-related works. The KSD expects the platform, called Venturenet, to start offering services as early as October, to facilitate small companies in carrying out work related to their shareholders. Startups or small firms using the platform can easily manage their shareholders in real time by issuing a share certificate or replacing it with a new one in case there are any changes in investors stakes in the companies.

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