Nasdaq Private Market

Extracted Attributes

• Key Product

  Tape D® Data

• Previous Name 1

  Restricted Stock Partners, Inc.

• Previous Name 2

  SecondMarket Solutions

• Companies Served

  775+

• Primary Function

  Secondary market trading venue for private company stock

• Services Offered

  Tender offers, auctions, block trades, custom company marketplaces, liquidity solutions, wealth solutions, data solutions (Tape D), transfer & settlement, institutional-grade trading platform

• Individuals Served

  200,000+

• Transactional Volume (since inception)

  Nearly $60 billion

Timeline

• The entity was originally known as Restricted Stock Partners, Inc. (Source: Summary, DBPedia)

  UNKNOWN

• The company was later named SecondMarket Solutions. (Source: Summary, DBPedia)

  UNKNOWN

• Nasdaq Private Market initiative was founded within Nasdaq, Inc., in response to the JOBS Act, to solve private company liquidity. (Source: Web Search)

  2013

• NASDAQ acquired Second Market Solutions, which was then rebranded as NASDAQ Private Market. (Source: Summary, DBPedia, Web Search)

  2015

• Nasdaq took full ownership of NASDAQ Private Market. (Source: Summary, DBPedia)

  2015-10-01

• NPM spun off from Nasdaq to become an independent entity. (Source: Summary, DBPedia, Web Search)

  2021

• NPM secured strategic investments from Silicon Valley Bank, Citi, Goldman Sachs, Morgan Stanley, and Allen and Co. (and Nasdaq). (Source: Summary, DBPedia, Web Search)

  2021

• Nasdaq announced a partnership with Nasdaq Private Market (NPM) to enhance price transparency and valuation visibility for private, pre-IPO companies through NPM's Tape D® dataset. (Source: Web Search)

  2025-06-04

Web Search Results

• Nasdaq Private Market - Wikipedia

  Nasdaq Private Market (NPM) provides a secondary market trading venue for issuers, brokers, shareholders, and prospective investors of private company stock. Since inception, NPM has facilitated more than $40 billion in transactional volume and has worked with 400+ private companies and 100,000+ employees, stakeholders, and investors. NPM offers private company and investors different solutions including tender offers, auctions, block trades, and custom company marketplaces. In 2021, NPM [...] In 2015, NASDAQ acquired Second Market Solutions, which was a competitor to NASDAQ's Private Market initiative. NASDAQ rebranded Second Market Solutions as NASDAQ Private Market. ## Markets Trading on SecondMarket [edit] ### Restricted Securities in Public Companies [edit] Restricted securities, SecondMarket's initial market, utilizes privately negotiated transactions to provide access to liquidity in the trillion dollar restricted securities market. ### Bankruptcy Claims Market [edit] [...] The Bitcoin Investment Trust (BIT) is a private, open-ended trust that derives its value solely from the price of bitcoin. The NASDAQ Private Market (formerly known as "SecondMarket") acts as the custodian and the trust is audited by Ernst & Young. The trust is managed through a subsidiary of SecondMarket, which is the Digital Currency Group and Grayscale. Grayscale also manages the Ethereum Classic Investment Trust

• Nasdaq Partners with Nasdaq Private Market to Enhance ...

  Nasdaq Private Market provides liquidity, wealth and data solutions for private companies, employees, and investors throughout each stage of the pre-IPO lifecycle. Since inception over a decade ago, NPM has executed nearly $60 billion in transactional volume for 200,000+ individual eligible employee shareholders and investors across 775+ company-sponsored liquidity programs. Founded within Nasdaq, Inc. in 2013, today NPM is an independent company with strategic investments from Nasdaq, Allen & [...] NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- Nasdaq® (Nasdaq: NDAQ) announced today that the company has partnered with Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions to private companies, employees, and investors, to provide greater price transparency and valuation visibility into private, pre-IPO companies, including unicorns and other startups through NPM’s Tape D® private company dataset. [...] Nasdaq has announced a partnership with Nasdaq Private Market (NPM) to enhance price transparency and valuation visibility for private, pre-IPO companies through NPM's Tape D dataset. As the exclusive distributor of the Tape D API, Nasdaq aims to improve transparency for investors, banks, and private companies by providing real-time private market pricing and critical insights for capital raises and liquidity needs. This collaboration reflects Nasdaq's commitment to transforming private markets

• All Products - Nasdaq Private Market

  With a comprehensive suite of private market programming and liquidity solutions, Nasdaq Private Market can help unlock the power of trapped capital for market participants worldwide. All Products Private Companies Investors Employees + Shareholders Banks + Brokers transform ##### Transfer + Settlement Advanced technology to seamlessly manage transfer activity from any broker for equity administration teams. Private Companies Investors Banks + Brokers insights ##### Tape D® Data [...] Platform to design a continuous secondary marketplace prior to direct listing. Private Companies public ##### SecondMarket® Trading Platform An institutional-grade trading platform to buy and sell blocks of private company stock. Employees + Shareholders Private Companies Investors Banks + Brokers fact\_check ##### Investor Trading Tools + Workstation [...] The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. Manage options Manage services Manage {vendor\_count} vendors Read more about these purposes View preferences {title} {title} Home All Products Access The Private Market. # Explore All Products

• About Us - Nasdaq Private Market

  > Industry-leading secondary guidance, in-depth market intelligence, and professionals paving the path for better client outcomes. Our Investors + Partners. Our Story. ## Longstanding Commitment to the Private Markets Nasdaq Private Market has been an established, critical provider of technology solutions for the private markets since 2013. Nasdaq Private Market founded to help solve private company liquidity in direct response to the JOBS Act. ##### 2013 [...] A trusted, institutional-grade secondary trading venue for private companies, banks, brokers, employees, shareholders, and investors. Through insightful product specialists and deep data mining, we provide real-time private market insights for decision-makers. Our expertise, disruptive technology, and actionable data is revolutionizing the experience of buying and selling private company shares. Contact Us east Our Vision. [...] ## Unlock the Private Market Today SecondMarket®. ### Our Institutional-Grade Trading Marketplace for Banks, Brokers, Investors + Shareholders to Buy + Sell Private Company Stock. Get Started east Company Platform + Liquidity Programs. ### Liquidity Programs for Employees to Sell Equity Holdings, Investors Buy Shares + Companies Access Capital. Get Started east Tape D®. ### Capital Flows, Industry Intelligence, Trends, Trade Data, Financings, Valuations + Transaction Datasets.

• Nasdaq Private Market: Homepage

  Industry Commentary + Latest News. ## Insights More Insights east ##### Private Markets, Public Hype By Nasdaq Private Market ##### Nasdaq Private Market Announces Goodwin as Top Referral Partner By Nasdaq Private Market ##### Nasdaq Private Market Names Mike Buono and Phil Germann Co-Heads of Execution By Nasdaq Private Market ##### Nasdaq Launches Exclusive Access to Nasdaq Private Market’s Tape D® API to Deliver Advanced Visibility into Private Markets By Nasdaq [...] ### Liquidity Platform Chosen by Law Firms and Legal Counsels Act as a trusted advisor to clients by partnering with an experienced deal team to structure and facilitate secondary transactions. Learn More east Why Nasdaq Private Market. ### Expertly Navigating the Private Market with Disruptive Technology + Dedicated Product Specialists Sign Up east verified ##### Decade of Experience [...] > We have been partnering with Nasdaq Private Market since its very early days. One characteristic of NPM that has remained constant over the years is their ability to provide incredible client service through business-oriented, practical and flexible solutions. They help us help our clients successfully execute all types of tender offers and other secondary transactions and we are greatly appreciative of their hard work and collaborative spirit. #### Jamie Hutchinson + Cammy Contizano

Nasdaq Private Market (NPM) provides a secondary market trading venue for issuers, brokers, shareholders, and prospective investors of private company stock. Since inception, NPM has facilitated more than $40 billion in transactional volume and has worked with 400+ private companies and 100,000+ employees, stakeholders, and investors. NPM offers private company and investors different solutions including tender offers, auctions, block trades, and custom company marketplaces. In 2021, NPM spun-off of Nasdaq to become its own, independent company receiving strategic investments from Silicon Valley Bank, Citi, Goldman Sachs, Morgan Stanley, and Allen and Co. SecondMarket Solutions changed its name to NASDAQ Private Market after being acquired by NASDAQ in a joint venture with SharesPost. In October 2015 NASDAQ took full ownership of NASDAQ Private Market. Prior to using the name SecondMarket the company was known as Restricted Stock Partners, Inc.