Strivo is complementing its selection of alternative investment products with a curated range of unlisted stocks in well-known companies. This move is part of the company's commitment to enhancing its product offering for insurance account holders. These stocks can be held in a custody insurance account at Strivo, with valuations verified by independent valuation institutes.
Unlisted stocks are not traded on a regulated marketplace, so the trading process differs from that of listed stocks. Through the unlisted stock market, investors can invest in companies that have not yet chosen to go public. These companies are often in a high-growth phase or have opted not to list for other reasons.
Since there is no organized marketplace for unlisted stocks, buying and selling them can be more challenging. If the shares are sold through a securities institution, buy and sell prices are updated manually (often irregularly), which can make it harder for investors to track price movements compared to listed stocks. Additionally, there may be days with no trading activity, making quick transactions more difficult.
At Strivo, unlisted stocks are traded on an "execution only" basis and can be held within a custody insurance account, a type of capital insurance. This allows investors to pay a standard return tax instead of capital gains tax, making the ownership of these shares similar to that within an investment savings account (ISK).
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