Curated News
By: NewsRamp Editorial Staff
March 03, 2026
KoreInside Partners with Wall Street Veteran to Fuel $40M Private Markets Revolution
TLDR
- KoreInside gains a strategic edge by partnering with Weild & Co., leveraging their elite network to secure $40 million in Series B funding for market expansion.
- KoreInside's infrastructure uses KoreID and KoreChain, SEC-qualified blockchain technology, to streamline private market transactions through secure clearing, settlement, and compliance processes.
- This collaboration aims to democratize private capital markets, making them more accessible and efficient for all participants, fostering economic growth and innovation.
- David Weild IV, known as the 'Father of the JOBS Act,' is advising KoreInside, blending financial expertise with cutting-edge blockchain to transform private markets.
Impact - Why it Matters
This development matters because it represents a significant step toward modernizing the traditionally opaque and inefficient private capital markets. Private markets have grown exponentially in recent years, now representing trillions of dollars in assets, yet they still operate with fragmented infrastructure that creates barriers for smaller investors and increases costs for companies seeking capital. KoreInside's technology, combined with David Weild's expertise in market structure reform, could democratize access to private investments while improving transparency and compliance. For investors, this means potentially better access to private market opportunities that have historically been reserved for institutional players. For growing companies, it could mean more efficient capital raising processes. The involvement of a blockchain solution qualified by the SEC suggests regulatory acceptance of innovative technologies in securities markets, potentially setting new standards for how private securities are issued, traded, and settled. This partnership could accelerate the transformation of private markets into more accessible, transparent, and efficient ecosystems that benefit both capital seekers and providers.
Summary
KoreInside, a pioneering infrastructure provider for private capital markets, has announced a significant strategic partnership with Weild & Co. to manage a $40 million Series B private placement. The company, which aims to revolutionize private market transactions through technology, has secured the expertise of David Weild IV, former NASDAQ Vice Chairman and renowned "Father of the JOBS Act," who will serve as day-to-day advisor for this major capital raise. This collaboration brings together KoreInside's innovative vision for standardizing private markets with Weild & Co.'s distinguished network of investment bankers licensed across all 50 U.S. states and territories, creating a powerful alliance to transform how private capital markets operate.
The core of this announcement centers on KoreInside's mission to create secure, end-to-end infrastructure that serves all private market participants—investors, issuers, fund sponsors, investment banks, and portals. Described as the "DTCC-equivalent for private markets," KoreInside's technology platform includes KoreID, an interoperable investor and issuer identity passport, and KoreChain, the first SEC-qualified blockchain for private securities. These innovations promise to deliver clearing, settlement, distribution, and compliance services through white-label, API-first platforms that power broker-dealers, ATSs, funding portals, transfer agents, banks, credit unions, and RIAs. The partnership with Weild & Co., a firm recognized three times on the Inc. 5000 fastest-growing companies list and named to the inaugural Titan 100 class in Nashville, provides KoreInside with unprecedented access to capital markets expertise and distribution networks.
Company leadership from both organizations expressed strong alignment in their vision for transforming private markets. Jason Futko, CPA, CA, Co-founder, CFO, and President of KoreInside, emphasized that "KoreInside will revolutionize private capital markets transactions," while Oscar Jofre, Co-founder and CEO, highlighted the strategic importance of having "David and his very capable team representing us for this next phase of growth." David Weild IV echoed this enthusiasm, stating his excitement about "the innovation that KoreInside brings to improving the performance of the private capital markets." The original release can be viewed on www.newmediawire.com, where additional details about both companies' operations and regulatory status are available, including Weild & Co.'s FINRA | SIPC membership through its subsidiary Weild Capital, LLC.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, KoreInside Partners with Wall Street Veteran to Fuel $40M Private Markets Revolution
