Brian Collins, CEO of Horizon Fintex and co-creator of Upstream, a MERJ Exchange stock market and global trading app, was featured in the latest episode of the TechMediaWire Podcast. Designed to deliver informative updates and exclusive interviews with executives operating in the tech industry, the podcast is a part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. During the program, Collins discussed the relationship between Globex-U.S., Horizon, Upstream and MERJ as it relates to a recently launched capital raise inviting retail investors to own a piece of the proprietary trading and exchange technology powering Upstream.
“The investment opportunity is in Globex-U.S., an American entity which owns Horizon, a Swiss software company that licenses technology to MERJ for one of their markets called Upstream, a trading application that tokenizes real world assets and earns trading fees,” he said. “Those trading fees from Horizon’s technology deployment as an exchange are shared between MERJ, which is the regulated entity, and Horizon, the software company. Those profits, of course, also flow up to Globex-U.S., the company doing its funding round.”
To view the full press release, visit https://ibn.fm/l8sqr
About Horizon Fintex
Horizon is a fintech company that builds, licenses and powers securities exchanges with an integrated suite of software for compliant issuance, management and secondary trading of securities. Horizon’s in-house solutions combine Wall Street and Silicon Valley to power the next generation of securities offerings and trading, starting with Upstream—the first large-scale application of this technology powered by Horizon and MERJ Exchange (“MERJ”).
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