Tag

Secondary Market

All articles tagged with #secondary market

Goldman Sachs launches direct private-investments platform for wealthy clients
business1 month ago

Goldman Sachs launches direct private-investments platform for wealthy clients

Goldman Sachs has created an alternative investments platform that combines its existing private markets business with two new teams focused on direct, later‑stage stakes in individual private companies and on enabling clients to buy and sell those stakes via a dedicated liquidity advisory group, expanding access to direct private investments for wealthy clients as private companies stay private longer and AI-driven opportunities grow.

One Piece Night Sparks Stadium Chaos and a Booming Card Market at Dodger Stadium
sports1 month ago

One Piece Night Sparks Stadium Chaos and a Booming Card Market at Dodger Stadium

Dodger Stadium turned into a One Piece Night spectacle as 52,000 fans queued for a Monkey D. Luffy promo card, prompting heavy security and traffic as crowds surged to grab and resell the card. Initial offers ran around $100–$150, but prices quickly climbed to $600–$700 in-stadium, with some listings exceeding $1,000 on secondary markets, as the team boosted inventory to ensure everyone received a card.

US Regulators Propose Stablecoin Rules That Target Issuers, Not Every User
business2 months ago

US Regulators Propose Stablecoin Rules That Target Issuers, Not Every User

Federal regulators released a 60-day comment proposal that would require stablecoin issuers to perform bank-style customer identification for direct customers under CIP, while allowing ordinary users to move stablecoins on secondary markets without issuer data collection. Tied to the GENIUS Act, the plan aims to fit stablecoins into banking regulations without mandating universal end-user IDs, noting that tracking every holder would be nearly impossible and suggesting future whitelisting as a possibility. The proposal is non-final and could face pushback from traditional banks, but issuers would still retain powers to freeze or blacklist tokens.

World Cup Tickets Dip on Resale Market as Inventory Surges
world2 months ago

World Cup Tickets Dip on Resale Market as Inventory Surges

Prices on the 2026 World Cup secondary market have fallen about 24% over the past 30 days, with some matches down as much as 36% from FIFA's face-value listings as new inventory hits resale platforms like StubHub and SeatGeek. The piece suggests FIFA may be partnering with these platforms to recoup revenue after overpricing, while knockout games remain pricey; kickoff is June 11 and the tournament runs through July 19.

AP-Swatch collab fuels buzz, but resale values stay steady
business2 months ago

AP-Swatch collab fuels buzz, but resale values stay steady

Audemars Piguet’s Swatch collaboration (Royal Pop) has not impacted secondary prices; WatchCharts notes AP prices are flat as the cross‑brand buzz aims to attract younger buyers, not dilute equity. The luxury watch market remains down from its 2022 peak, with AP’s index down about 40% and its inventory aging relative to peers; in Q1 AP’s secondary prices rose 2% while Rolex and Patek rose 1.7% and 3% respectively. AP’s long-term strategy centers on cultural cachet and expanding the Royal Oak ecosystem for future collectors, rather than short-term quarterly gains.

Shadow Market Reveals Private Bets on SpaceX and OpenAI Shares
business3 months ago

Shadow Market Reveals Private Bets on SpaceX and OpenAI Shares

An investigative piece exposes a murky private-share market where investors trade pre-IPO stakes in SpaceX and OpenAI via brokers and online platforms. Deals often come with opaque valuations, limited liquidity, and regulatory gray areas, raising risks of illiquidity, misrepresentation and scams; buyers should beware that these shares may never become publicly tradable.

World Cup resale prices dip, with USA-Paraguay opener among the bargains
sports3 months ago

World Cup resale prices dip, with USA-Paraguay opener among the bargains

Resale prices for the 2026 World Cup in the U.S. have fallen across most matches as kickoff nears, with the U.S. opener vs. Paraguay showing notable bargains on resale sites (Category 1 about $1,323 vs FIFA’s primary $2,735). Across 52 group-stage games, 25 now have at least one resale price below FIFA’s prices, and several matches feature savings above $100. Despite declines, resale prices generally remain higher than primary-market prices for all knockout matches and for many high-demand group games; Mexico’s market is constrained by local law, and FIFA has been releasing inventory in batches while seeking to spur sales.

Smart Parking and Shuttle Plans for the Miami CFP Title Game
college-sports7 months ago

Smart Parking and Shuttle Plans for the Miami CFP Title Game

Parking passes for the Hard Rock Stadium Express lots are sold out for the Miami-Indiana CFP National Championship, pushing fans to the secondary market where prices range from about $444 to nearly $9,881 on Gametime (and roughly $128–$135 on StubHub for express lots). The CFP urges using the Hard Rock Stadium Express lots (Lot 70 North and Lot 95 South) and free shuttles to the stadium; you’ll need a game ticket to enter closer lots and to board shuttles. Lot opens at 11 a.m. for a 7:30 p.m. kickoff; gates open at 4:30 p.m. Fans should expect strict security and an extended perimeter, with police directing those in parking areas after kickoff. Rideshares are encouraged to drop off at express lots and riders should request pickups there for the return; plan travel time accordingly.

FTC sues ticket resellers over Taylor Swift and major concert ticket scandals
world1 year ago

FTC sues ticket resellers over Taylor Swift and major concert ticket scandals

The FTC has sued Maryland-based Key Investment Group for illegally purchasing and reselling hundreds of thousands of tickets, including thousands for Taylor Swift's Eras Tour, at inflated prices by bypassing Ticketmaster's security measures. The company allegedly used thousands of accounts and virtual credit cards to circumvent purchase limits, making over $64 million from resales, violating federal laws. The case highlights ongoing issues with ticket scalping and online security measures.

Blackstone Acquires $5 Billion in PE Stakes from NY Pensions
business1 year ago

Blackstone Acquires $5 Billion in PE Stakes from NY Pensions

Blackstone agreed to purchase $5 billion of private equity stakes from the New York City pension system in a strategic move to realign its portfolio, amidst a broader trend of secondary market transactions driven by higher interest rates and market conditions. The sale involved multiple funds and managers, with the pension system aiming to optimize its investments without immediate liquidity needs.