Glossary: S
Securitization
Structuring a holding into a tradable security. Turns a complex participation agreement into a product that can sit in a securities account.
Secondary Market
The market where already-issued shares trade between investors. For Cometum One, it plays a double role: it’s where investors like Cometum acquire company shares and the route through which investors should one day be able to sell their stake before a listing. Liquid trading for tokenized pre-IPO securities, comparable to a public exchange, doesn’t exist yet. We’re working on a more transparent secondary market, with the goal of making Cometum One tradable there.
