Secondary market for crowdfunded assets

First secondary market for crowdfunded assetsA central exchange where investors can BUY and SELL shares of crowdfunded assets with each other, bringing liquidity and flexibility to the industry

Open back-office framework Integrated with other crowdfunding portals to streamline the process of secondary market transfers of crowdfunded assets

Expanding network of leading portals Bringing a broad range of assets and investors together onto the exchange

CFX Overview

Portal Exchange Transfer

Integrated with leading crowdfunding

portals

Post offers & bids on central exchange

platform

Transfer agreement, escrow and settlement

process

Investor Process

Portals Primary Offering

Open back-office framework integrated with portals to streamline experience for

investors

Secondary Market Flow

Crowdfunding portals will raise over $34.4 billion1 in 2015 – over 12x the amount raised in 2012• Consumer Lending / P2P• Oil and Gas

The SEC recently expanded the number of potential investors by allowing for non-accredited investors to participate in crowdfunded investments (Title III and Regulation A+)

With these changes to the market, the crowfunding industry is projected to grow to over $300B in the coming years

1. Source: Massolution Crowdfunding Industry Overview 2015 Research Report

• Venture Capital• Real Estate

Market Opportunity

Crowdfunding Market

16.2BILLION

34.4BILLION

100+BILLION

2016(projected)

2.7b2012

2013 2014 20156.1b

230,000,000potential new investors

(unaccredited)

8.3 milinactive

accreditedinvestors

200kactive accredited

investors

Regulatory changes (Title III and Regulation A+) to expand the amount of potential

investors in market

Investor Growth

$7.0

TRILLION

$2.5

BILLION

Commercial Real EstateMarket Today

Crowdfunding Market in 2015

Crowdfunding Market Potential

Real estate vertical: massive growth potential, familiar asset, established pricing

model

Real Estate Market

CFXInvesting.com

Secondary market for crowdfunded assets

Appendix:Exchange Framework