We are currently planning on being operational at some point during 2023
Founder and CEO Joe Cecala was a securities lawyer for over 25 years and worked on capital transactions for over 15 years. In that time he found that small capital transactions were particularly difficult because there was no clear exit in sight for the investor. Early on in his legal career, Mr. Cecala learned in-depth how stock exchanges work being the lawyer for the founding members of a company that created the first electronic trading system in the US. This electronic stock exchange went on to become Archipelago. Archipelago merged with the New York Stock Exchange in 2005 creating the electronic exchange infrastructure for the New York Stock Exchange or NYSE Archa Exchange. Without this electronic infrastructure, the New York Stock Exchange would have had a very difficult time competing in the electronic trading environment.
By conducting years of research after the creation of NYSE Archa Exchange, Mr. Cecala discovered that the structure of the US capital markets and current stock exchanges favored only the largest transactions with celebrity companies. This research revealed that prior to Archipelago, the overwhelming majority of IPO’s were $50.0 million and under! By 2004, small capital IPO’s had all but disappeared. In addition, After decades of working with minority businesses, he realized as well that minority businesses were nearly absent from all IPO and public company listings.
As a result, in 2018 Mr. Cecala founded the Dream Exchange to solve these long-standing market problems by creating a stock exchange to become completely inclusive and expand access to capital markets for companies with great imagination and foresight into the future as well as make an impact on the lacking diversity in the capital markets.
Dream Exchange will focus on expanding the national market system to include more small businesses with innovative technologies in every sector. We will also focus on empowering minority owned businesses in an effort to stimulate economic prosperity in minority communities.
Dream Exchange is not currently operational as a stock exchange. If you would like to stay updated about our progress, fill out the form below.
Dream Exchange is not currently operational as a stock exchange. If you would like to stay updated on our progress, fill out the form below!
A venture exchange is a brand new type of stock exchange that is currently in formation. Once created, venture exchanges will even further expand the auction style stock exchange environment to small private companies, providing liquidity to small businesses and investors.
In order to create the first venture exchange in the US, Dream Exchange Founder and CEO has been educating members of congress and has contributed to the content of a new piece of legislation called the Main Street Growth Act. Once enacted, the Main Street Growth Act will allow for venture exchanges to exist.
You can view that legislation here.
Dream Exchange is not currently operational as a venture exchange. More information about how you will be able to invest after we become operational will be released in the future. Please fill out the form below to receive updates about this.
Dream Exchange is not currently operational as a stock exchange. If you would like to stay updated on our progress, fill out the form below.