NASSAU, Bahamas — Institutional investors and high-net-worth individuals are taking a keen interest in ArawakX as a new place to put their money to earn more money, ArawakX revealed in a statement, The Nassau Guardian reported on Friday, August 19, in an article written by Chester Robards.
ArawakX co-founder of D’Arcy Rahming Jr. said in the statement that offshore funds that are not as risk averse as local fund administrators have taken an interest in the companies offering shares on ArawakX’s crowdfunding platform.
“They typically allow 10 percent for early-stage companies, which is why innovation flourishes in their societies,” said Rahming Jr.
“ArawakX’s goal is to bring innovative companies to market and close this gap. What we have discovered is that the local pension funds tend to be the most conservative, because they are only allowed to invest in companies that have everything in place.
“It’s disappointing because the low-risk approach also means very low returns. We have also discovered that the high-net-worth individual is more likely to be a business owner than a professional. Apparently, you can’t look at the way someone dresses and assume how much they will invest.”
Rahming said the market appetite for the businesses ArawakX brings to the market for investment is not what the company thought it would be. See complete article in Nassau Guardian at https://thenassauguardian.com/arawakx-institutional-and-wealthy-investors-looking-to-crowdfunding/
