The Big Issue Announced Launch of Own Blockchain-Based Investment Platform


The Big Issue newspaper announced its intention to launch its own platform based on the Blockchain technology. According to the Financial Times on November 18, the platform will help attract investment.

In addition to The Big Issue, three large investment companies will also work on the platform – UK Standard Life Aberdeen, US Columbia Threadneedle, and AllianceBernstein. The platform is called The Big Exchange. According to the data presented, the platform will be launched within the next six months and will work with 30-40 social and economic funds.

It is reported that potential investors will have to pay a small fee for using the new platform. As soon as investors register on the platform, they will have access to three packages of services, distributed by rating in accordance with the requirements and norms of the UN.

Presumably, the minimum investment will be about $ 640, but Nigel Kershaw, chairman of The Big Exchange, says that the amount will be reduced to $ 3.2, which is the cost of one copy of The Big Issue.

According to FT, the platform has already collected about $ 1.3 million from its three founders and According to the Financial Times, the platform has already attracted about $ 1.3 million in investment, including from the London-based company Fintech FNZ.

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