The new platform by the Tel Aviv Stock Exchange, in cooperation with fundit, is designed for trading by institutional and accredited investors, from Israel or outside it.
fundit is the leading digital fundraising and investment platform in Israel.
Companies that register to TASE UP are private companies interested in raising funds from institutional and qualified investors, however, they do not conduct IPOs, they remain private and are not obliged to report under the Securities Law.
The TASE UP system shares the same infrastructure of the Stock Exchange's trading and clearing systems, therefore, it is accessible and recognized by institutional investors.