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Forge Global Holdings, Inc. (symbol: FRGE) is a leading financial service platform dedicated to serving the private market. The company provides essential marketplace infrastructure, data services, and advanced technology solutions tailored to the needs of private market participants.
Forge Global's core business revolves around offering a trusted trading platform that facilitates seamless transactions in the private market. In addition to its trading platform, the company provides proprietary data and insights that empower investors to make informed investment decisions. Forge's custody services ensure that companies, shareholders, institutions, and accredited investors can confidently navigate and manage their assets within the private market.
Recent achievements for Forge Global Holdings include notable advancements in their technology solutions, expanding their data offerings, and forming strategic partnerships that enhance their service capabilities. The company's current projects are focused on further improving its platform's efficiency, increasing data accuracy, and expanding its global reach.
Financially, Forge Global Holdings is committed to maintaining a strong and stable condition, continuously investing in innovative solutions that meet the evolving needs of its users. The company collaborates with various industry leaders to offer comprehensive services that include detailed market insights, secure trading environments, and robust custody solutions.
Overall, Forge Global Holdings, Inc. stands out as a pivotal player in the private market ecosystem, providing indispensable tools and services that facilitate effective market participation and investment strategies.
Forge Global Holdings (NYSE: FRGE) announced that its Chief Financial Officer, Mark Lee, and Senior Vice President of Finance and Investor Relations, Dominic Paschel, will attend the J.P. Morgan 52nd Annual Global Technology, Media, and Communications Conference. The event will take place in Boston, MA, on May 22, 2024. This participation aims to enhance visibility and investor relations within the technology, media, and communications sectors.
Forge Global Holdings, Inc. reported first quarter fiscal year 2024 results with total revenue less transaction-based expenses at $19.2 million and trading volume at $262.5 million. Net take rate was 3.2% and Forge Trust custodial cash was $481 million. Forge launched ForgePro, a milestone towards an institutional trade order management system. The company showed revenue improvement and operating loss compared to the previous quarter.