Our Story
As a society, we must make innovation accessible, because making sure that the next generation of innovators can have ownership of the future is the first step in inspiring them to take ownership of the future.
In 2014, we founded Forge.
Forge started as a trading platform and, over the last eight years, has expanded to provide a comprehensive suite of infrastructure products (trading, custody, lending) for innovative private technology companies — evolving into an operating system for the private markets.
Today, Forge (NYSE:FRGE) transacts billions in pre-IPO stock annually; has over $14B in assets under custody; and recently went public in a $2B deal with SPAC Motive Capital Corp, becoming the first dedicated trading platform for private shares to become a public company.
In building Forge, we focused on building infrastructure to support private companies on their missions to create the future. But as the market developed, and while we were progressing into the future, most of the world was getting left behind.
When it comes to the private markets, the opportunity to invest is only legally available for institutional and accredited investors — the wealthiest 1% of the global population. This is the opposite of equal opportunity, and it pains us that our own parents have never had the opportunity to participate in the very ecosystem in which we thrive.
Once again, it’s time for change.
We believe that the accessibility of the innovation economy is important for more than just financial reasons. As a society, we must make innovation accessible, because making sure that the next generation of innovators can have ownership of the future is the first step in inspiring them to take ownership of the future.
D/XYZ is not just about enabling access. It is a movement empowering the next generation of entrepreneurs to take ownership of the future by letting them own the future today.
“We believe in a kinder form of capitalism – in a future where people have a vested interest in transformative companies they know, use, and love,” said Sohail Prasad, Founder and CEO of D/XYZ. “While building Forge, we saw investment opportunities in generation-defining tech companies increasingly placed beyond the reach of our friends and family.”
This is why we are so focused on D/XYZ