How dual listing on Upstream works to connect issuers with a digital first community
By Fernanda De La Torre
Just this year, Upstream, a MERJ Exchange market, announced its Dual Listing Exchange Program. The program launched with the intention of offering issuers from exchanges all around the world the ability to expand their investor base and liquidity potential by tapping into a global community on Upstream’s next-generation trading app.
Upstream’s vision is to become a premiere global trading hub giving exchanges and their issuers access to digital-first investors around the world while offering investors access to purchase shares in forward-thinking companies and digital collectible NFTs directly from an app.
The benefits of dual listing on Upstream:
1. Access to an advanced global trading app
As a MERJ Exchange market and the first securities exchange to be powered by a blockchain, Upstream features an accessible trading app with simple sign-up, real-time trades, and a transparent orderbook that actively prevents market manipulation.
Trading pairs are quoted, traded, and immediately settled exclusively against the exchanges’ U.S. dollar stablecoin, which is backed 1-for-1 with users’ deposits of fiat currency. And, notably, Upstream does not sell its client order flow.
2. Web3 investor engagement tools
Upstream offers a streamlined bridge into Web3 to grow digital reach. Upstream’s digital coupon strategy aims to turn shareholders into customers and customers into shareholders.
Issuers can engage investors with digital coupons (NFTs) redeemable for products and experiences to build shareholder loyalty, capture new customers, and create ongoing sales locally and globally.
3. Investor-driven market
Trading on Upstream includes no stockbroker middlemen and no market maker “members”, a trader’s app is connected directly to the Upstream exchange with trades being executed peer to peer.
4. Added payment methods
Upstream investors can purchase shares using digital currency in the form of the USDC stablecoin, credit, debit, PayPal, and traditional bank payments. This modernization of payment methods aims to widen the investor pool, reach new shareholders internationally and enhance price discovery.
5. Increased trading hours
Upstream enables direct and expanded market access 5 days a week, 20 hours a day with real-time trading available right from investors’ smartphones. Upstream aims to expand a global trading ecosystem where efficiency, fairness, and accessibility are enforced by blockchain technology.
Additional benefits: Digital coupon NFT opportunities
Upstream gives its dual listing issuers the opportunity to connect with their shareholders with digital coupons.
A digital coupon is an NFT redeemable for an item or experience as offered by the issuer. Each Redeemable NFT may only be redeemed once. Upon redemption, the Upstream holder will be issued a unique, one-time redemption code to be provided to the issuer to claim their reward.
Upstream issuers’ digital coupons are awarded to all shareholders as a redeemable non-fungible token (NFT), one per shareholder regardless of the number of shares owned as of the record date. The total number of coupons issued will equal the total number of shareholders of the Company.
The digital coupons are not securities and are issued as ERC721 tokens, which are a standard for representing ownership of non-fungible tokens (NFTs), that is, where each token has a unique identifier. The digital coupons may not be withdrawn or transferred from the Upstream app and are only redeemable using the Upstream app. Shareholders that do not wish to redeem their digital coupons may elect to sell their digital coupon on the Upstream NFT marketplace.
Claiming the coupon means shareholders that are short are required to buy-in securities on the market. Upstream’s blockchain securities are not borrowable.
Upstream live dual listings
Recent dual listings on Upstream.
BTCS Inc. (Upstream: BTCSP)
BTCS is a company specializing in blockchain infrastructure and staking, securing and operating validator nodes on next-generation blockchain networks to earn native token rewards through staking.
Infinity Stone Venture Corp. (Upstream: GEMS)
Infinity Stone is meeting the demand from battery and wind turbine manufacturers, nuclear and hydrogen energy producers, and energy metals speculators by acquiring 100% interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs.
Genius Group (Upstream: GNS)
Genius Group is a world leading entrepreneur Edtech and education group, with a mission to disrupt the current education model with a student-centered, life-long learning curriculum that prepares students with the leadership, entrepreneurial and life skills to succeed in today’s market.
SurgePays, Inc. (Upstream: SURG)
SurgePays, Inc. is a technology and telecom company focused on the underbanked and underserved communities. SurgePhone and Torch Wireless provide subsidized mobile broadband to over 250,000 low-income subscribers nationwide. SurgePays fintech platform empowers clerks at over 8,000 convenience stores to provide a suite of prepaid wireless and financial products to underbanked customers.
Upstream’s Dual Listing Exchange Program offers advantages for issuers seeking to expand their investor base and enhance liquidity potential. We provide access to an advanced global trading app, featuring real-time trades and a transparent order book, all enforced by blockchain technology. Upstream facilitates next-level Web3 investor engagement through digital coupon NFTs, enabling issuers to build shareholder loyalty and capture new customers. With increased trading hours and modernized payment methods, Upstream widens the investor pool and creates opportunities for global, digital-first investors.
To learn more about working with Upstream to streamline dual listings for you or your exchange, visit https://upstream.exchange/GetListed.
This communication shall not constitute an offer to sell securities or the solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation is not permitted.
NFTs have no royalties, equity ownership, or dividends. NFTs are for utility, collection, redemption, or display purposes only. Anyone may buy and sell NFTs on Upstream.
*U.S. or Canadian-based citizens or permanent residents may only deposit, buy, or sell securities on Upstream after being introduced by a licensed broker-dealer. Note that U.S. or Canadian-based investors include those U.S. or Canadian citizens who may be domiciled overseas. All orders for sale are non-solicited by Upstream and a user’s decision to trade securities must be based on their own investment judgement. Anyone may buy and sell NFTs on Upstream.
This communication contains “forward-looking statements.” Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential,” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified, and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) difficulties in obtaining financing on commercially reasonable terms; (ii) changes in the size and nature of our competition; (iii) loss of one or more key executives or brand ambassadors; and (iv) changes in legal or regulatory requirements in the markets in which we operate. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.