The pioneering copy-trading platform in america, dub,
has introduced securing $17 million in funding. The funding spherical was backed by
a consortium of enterprise capital corporations and particular person buyers, notably
together with the CEO of Uber and the Co-founder of Robinhood.
dub’s platform affords on a regular basis buyers the unprecedented
alternative to copy the portfolios of rising funding managers,
famend hedge funds, and even elected officers with a single faucet. This
democratizes funding practices and offers accessibility to methods that
had been as soon as unique to institutional buyers.
Working underneath the regulatory oversight of the Securities
and Change Fee and registered with FINRA, dub’s affiliated
broker-dealer facilitates copy-trading,
aligning with the evolving panorama of funding preferences amongst trendy
buyers.
Steven Wang, Founder and CEO of dub, Supply: LinkedIn
“A decade from now, as a substitute of selecting shares, we’ll be
selecting folks to put money into,” stated Steven Wang, the Founder and CEO of
dub. “It is already how my technology is investing, with the rise of social
media and commission-free investing. People are narrative- and fear-driven
creatures. Digitally-native creators have mastered the artwork of storytelling and
are constructing fervent communities that leverage social accreditation to information
their funding selections. With dub, we’re constructing the creator financial system for
finance.”
Main the seed spherical is Tusk Enterprise Companions, with
participation from a distinguished group of buyers akin to Robinhood’s
co-founder Nathan Rodland, Uber’s CEO Dara Khosrowshahi, and Roger Ferguson,
Jr., former vice chair of the Federal Reserve Board of Governors. Moreover,
the funding contains notable personalities like Ryan Tedder from OneRepublic
and executives from distinguished monetary establishments.
Our Collection Seed Fundraising and Public Launch Announcement, a thread: pic.twitter.com/9KIzVxEk0B
— dub (@dubinvest) February 22, 2024
$17 Million Funding Boosts dub’s Imaginative and prescient for Retail
Investing
dub’s platform harnesses the social-media-driven creator
financial system, bringing numerous funding
philosophies and techniques to people’ fingertips. By means of its app,
buyers can replicate portfolios. Moreover, customers can even share their very own
funding portfolios for replication, fostering a community-driven strategy to
investing.
The infusion of $17 million in funding allows additional enlargement
of its platform. With a seasoned govt group drawn from illustrious
establishments, dub is poised to redefine the panorama of retail investing,
empowering people with unparalleled entry to numerous funding
methods.
The pioneering copy-trading platform in america, dub,
has introduced securing $17 million in funding. The funding spherical was backed by
a consortium of enterprise capital corporations and particular person buyers, notably
together with the CEO of Uber and the Co-founder of Robinhood.
dub’s platform affords on a regular basis buyers the unprecedented
alternative to copy the portfolios of rising funding managers,
famend hedge funds, and even elected officers with a single faucet. This
democratizes funding practices and offers accessibility to methods that
had been as soon as unique to institutional buyers.
Working underneath the regulatory oversight of the Securities
and Change Fee and registered with FINRA, dub’s affiliated
broker-dealer facilitates copy-trading,
aligning with the evolving panorama of funding preferences amongst trendy
buyers.
Steven Wang, Founder and CEO of dub, Supply: LinkedIn
“A decade from now, as a substitute of selecting shares, we’ll be
selecting folks to put money into,” stated Steven Wang, the Founder and CEO of
dub. “It is already how my technology is investing, with the rise of social
media and commission-free investing. People are narrative- and fear-driven
creatures. Digitally-native creators have mastered the artwork of storytelling and
are constructing fervent communities that leverage social accreditation to information
their funding selections. With dub, we’re constructing the creator financial system for
finance.”
Main the seed spherical is Tusk Enterprise Companions, with
participation from a distinguished group of buyers akin to Robinhood’s
co-founder Nathan Rodland, Uber’s CEO Dara Khosrowshahi, and Roger Ferguson,
Jr., former vice chair of the Federal Reserve Board of Governors. Moreover,
the funding contains notable personalities like Ryan Tedder from OneRepublic
and executives from distinguished monetary establishments.
Our Collection Seed Fundraising and Public Launch Announcement, a thread: pic.twitter.com/9KIzVxEk0B
— dub (@dubinvest) February 22, 2024
$17 Million Funding Boosts dub’s Imaginative and prescient for Retail
Investing
dub’s platform harnesses the social-media-driven creator
financial system, bringing numerous funding
philosophies and techniques to people’ fingertips. By means of its app,
buyers can replicate portfolios. Moreover, customers can even share their very own
funding portfolios for replication, fostering a community-driven strategy to
investing.
The infusion of $17 million in funding allows additional enlargement
of its platform. With a seasoned govt group drawn from illustrious
establishments, dub is poised to redefine the panorama of retail investing,
empowering people with unparalleled entry to numerous funding
methods.
