DTT Advised the Licensing of the First Bulgarian Equity Crowdfunding Platform

DTT has successfully completed its next complex project – the licensing and foundation of Collective Financing, the first Bulgarian crowdfunding platform. This special financial intermediary, supervised by the Financial Supervision Commission, is owned jointly by the @Bulgarian Stock Exchange and @Central Depository and is meant to facilitate the investing in SMEs. The latter may issue bonds and equity up to euro 5 mm per year without an approved prospectus – a significant  regulatory relief.