Private Markets
The private markets are growing at at rate 6x vs the public listed
market.
Source: SEC’s Division of Economic and Risk Analysis (DERA)
The private markets are plagued with redundancy, no source of truth,
the supplication of effort, and high costs.
Private capital markets encounter a significant challenge of
accumulating a multitude of disparate tools to address various
organizational needs. The problem lies in the absence of a common
data interchange format (CDIF), resulting in inconsistent data
connectivity among these tools. Consequently, a fragmented
communication landscape arises, where data remains segregated and
locating a reliable source becomes arduous. Kore and KoreChain
tackle this issue by introducing a comprehensive solution that
addresses the multifaceted requirements of the private capital
markets.
