Allow early investors or employees to convert equity into real gains, on a marketplace licensed for private company and fund transactions
Why it matters:
Private company equity only works as a retention tool if people believe it will turn into something real.
As companies grow, their cap tables fill with long-tenured employees and early investors who can’t access that value until an IPO or exit. When shareholders do sell, secondary transactions have historically been opaque and lightly regulated.
A tender window on FCX solves each of these by:
- Offering liquidity in the form of secondary transactions to allow shareholders to convert their equity into real value
- Providing transparency and regulation in every transaction through our ASIC and RBA licensing
- Connecting companies to our pool of high-quality investors
- Removing the admin burden associated with manual verification, document execution and settlement

Who it's for:
Companies
Provide shareholders and employees with a clear path to liquidity, while maintaining full control over your cap table
Funds
Explore secondary transactions as an alternative to redemption windows, providing scheduled liquidity events, where unitholders can sell their holdings to investors. All the liquidity, none of the admin burden
Investors
Access high-growth private companies through a fully regulated process, with documentation and compliance built in