NASSAU, BAHAMAS — BISX CEO Keith Davies says the exchange is undertaking several initiatives to expand the capital markets, including a new private listing and trading facility, BISX Crowdfunding 2.0, and a secondary market for smaller, high-growth businesses.
Speaking at the exchange’s inaugural Invest Fest Conference at Baha Mar on Thursday, Davies noted: “To truly harness the potential of the future, we are undertaking bold initiatives to deepen, broaden, and expand our capital markets. One of these initiatives is the introduction of a private listing and trading facility. This platform will offer businesses a new avenue to raise capital while maintaining privacy and flexibility and will cater to a diverse range of new market participants.” He confirmed that the initiatives have received regulatory approval.
He continued: “In addition, we are proud to announce the launch of BISX Crowdfunding 2.0. This enhanced platform builds on the successes of our previous crowdfunding efforts, which we have been working on for a number of years. It introduces new features and will further democratize investment opportunities for Bahamians while supporting the growth of local enterprises. It will provide a scalable, tech-forward approach to empower small businesses and entrepreneurs to access funding efficiently and innovatively.”
Davies also noted that BISX is looking to launch its version of a secondary market, called the SAM Market (Small Alternative Market). He explained that this market will serve as a dynamic environment for smaller-scale, high-growth businesses that may not meet the requirements for the main exchange but are larger than those accessing the Crowdfunding 2.0 platform.
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