YieldStreet, an online marketplace for a diverse array of asset-backed investments, recently announced it has surpassed $200 million in originations. This news comes just six months after the investment platform achieved its $100 million in origination milestone.
As previously reported, YieldStreet launched in 2015 and is operating under Title II of the JOBS Act, which allows platforms to “generally solicit” offers to accredited investors. All investment opportunities listed on the YieldStreet platform are backed by collateral. YieldStreet also claims these opportunities have a low market correlation while generating a solid yield for investors. Some of the assets are backed by real estate portfolios, litigation finance investments or there is even a loan to an NBA player secured by the individual’s contract.
Comments are closed.