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Private stocks poised to dethrone public; As unlisted securities become more attractive to investors and companies, they pose a growing challenge to the dominance of public stock exchanges.

Jan 16, 2020 - The Business Times Singapore

PUBLIC stock exchanges have been around for centuries, with initial public offerings (IPOs) long marking the holy grail for companies and their investors. Not only are IPOs traditionally revered as a symbol of triumph for companies, they pave the way for king-sized fundraising through the mass issuance of company shares.

In recent years, however, a different breed of stock exchanges has been growing in traction, and is even tipped to challenge the dominance of and need for public stock exc...