Private Markets, Angel and Secondary Investing, Sacra

Sacra

Bringing transparency to private markets so investors, founders, and employees can build on conviction.

Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Markets, Angel and Secondary Investing

Bringing transparency to private markets so investors, founders, and employees can build on conviction. Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Capital Markets

<ul><li>Crypto-token-only investing is disappearing as a standalone strategy, with major specialist funds expanding into frontier tech, AI &amp; robotics (Paradigm) and into public &amp; private crypto equities (Multicoin) as much of the value created by tokens has accrued to businesses like Coinbase, Circle &amp; Tether rather than to tokenholders.</li><li>With liquidity &amp; volume growing across every market from private secondaries (Augment, EquityZen) to tokenized equities (Robinhood, Kraken), tokens &amp; perpetuals (Pump.fun, Hyperliquid), and prediction markets (Kalshi, Polymarket), a single worldview can now map to dozens of different assets, making the hard part figuring out what to actually buy.</li><li>As conviction rather than access becomes the bottleneck, every investment app is launching its own AI agents, from brokerages (Composer, acquired by SoFi) to trading apps (Robinhood, Public) and research platforms (Artemis), bringing research, portfolio management &amp; execution together with the upside of owning the core user interface for deciding what to invest in, building a portfolio, and managing it over time.</li></ul>

Crypto-token-only investing is disappearing as a standalone strategy, with major specialist funds expanding into frontier tech, AI &amp; robotics (Paradigm) and into public &amp; private crypto equities (Multicoin) as much of the value created by tokens has accrued to businesses like Coinbase, Circle &amp; Tether rather than to tokenholders.With liquidity &amp; volume growing across every market from private secondaries (Augment, EquityZen) to tokenized equities (Robinhood, Kraken), tokens &amp; perpetuals (Pump.fun, Hyperliquid), and prediction markets (Kalshi, Polymarket), a single worldview can now map to dozens of different assets, making the hard part figuring out what to actually buy.As conviction rather than access becomes the bottleneck, every investment app is launching its own AI agents, from brokerages (Composer, acquired by SoFi) to trading apps (Robinhood, Public) and research platforms (Artemis), bringing research, portfolio management &amp; execution together with the upside of owning the core user interface for deciding what to invest in, building a portfolio, and managing it over time.

Jon Ma, CEO Of Artemis, On Building 24/7 AI Agents For Trading & Investing