Minority-Owned Stock Exchange Wants To Help Small Businesses

The Dream Exchange aims to launch in 2021 as the first black-owned stock exchange in the U.S., focusing on underserved communities. It seeks to educate the minority market and connect businesses with investors. Despite challenges like banking discrimination and COVID-19 constraints, the Dream Exchange aspires to bring diversity and long-term solutions to the market.

What is the primary goal of the Dream Exchange?

• To focus solely on technology companies

• To become the largest stock exchange in the world

• To replace existing stock exchanges

• To reach underserved communities

What makes the Dream Exchange unique in the United States?

• It is the first stock exchange to operate online

• It is the first stock exchange to focus on cryptocurrencies

• It is the first black-owned stock exchange

• It is the first stock exchange to be approved by the SEC

What percentage of black-owned businesses were lost from February to April?

• 50%

• 25%

• 41%

• 17%

What is one of the main challenges faced by black business owners?

• Difficulty in obtaining loans

• High taxation rates

• Limited market access

• Lack of skilled labor

What long-term impact does the Dream Exchange aim to have?

• Increase in stock market volatility

• Creation of diversity in the market

• Reduction in the number of stock exchanges

• Focus on short-term profits