Singapore real estate and debt crowdfunding site debuts on ASX
CoAssets has an estimated market cap of A$66m; it raised A$6.55m from its IPO at an issue price of A$0.40 a share
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COASSETS, a homegrown real estate and debt-crowdfunding platform, on Monday debuted on the Australian Securities Exchange (ASX) with an estimated market capitalisation of A$66 million (S$67.73 million).
The three-year-old startup, believed to be first crowdfunding platform to be listed in Australia, raised some A$6.55 million from its IPO (initial public offering) on ASX, at an issue price of A$0.40 a share, its offer price.
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