JSE enters into a transaction with fintech firm to establish private markets

It’s been a busy week for the JSE. Announcing it will approach regulators about listing instruments across a range of currencies including the US dollar as part of sweeping proposals aimed at positioning itself as the centre of capital-raising on the continent. Sealing the deal with Link Market Services. And lifting the lid on a transaction with next generation UK fintech company, Globacap Technology Limited (Globacap) to progress a digital private placements platform and registry services.
The deal brings together the JSE, Africa’s largest Stock Exchange, and Globacap, a leading regulated private placement and capital management platform that digitally administrates over £1 billion of private shares and debt instruments for 60 companies and over 8,000 shareholders worldwide in 35 countries. Michael Avery speaks to CEO of the JSE Dr Leila Fourie, about bringing blockchain type technology to the JSE.