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Dream Exchange to become the first Black-controlled stock exchange uniquely focused on increasing participation in public capital markets across all diverse sectors of society.
Dream Exchange Selects MEMX To Provide Proven Exchange Technology for New Exchange
Dream Exchange announced that they have reached an agreement for MEMX to provide services and technology for Dream Exchange. Dream Exchange, once fully established, will operate a unique set of exchanges that span all corporate capitalization sizes, forming an effective bridge for small and mid-cap companies to access public capital markets. The Dream Exchange is establishing a National Market System (NMS) Exchange and plans to operate a Venture Exchange pursuant to proposed legislation under the Main Street Growth Act (HR 5795, SB 3097).
Joe Cecala, Founder and CEO of Dream Exchange said, "Our agreement with MEMX is a significant milestone that will enhance the simplicity and efficiency of our future exchange operations and will allow us to concentrate on execution while collaborating on our plans to expand access to public market capital. We believe that the future of exchange technology and public market capital formation are joining forces through the foresight of the MEMX and the Dream Exchange leadership."
"From the outset, we were inspired by Dream Exchange's unique mission and we are pleased to provide our exchange technology services to them. Their selection of MEMX as an exchange technology provider is a strong endorsement of our architecture and operations and we look forward to working with them to achieve their goals," said MEMX CEO Jonathan Kellner.