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CryptoNewsBreaks – Upstream, Equity Stock Transfer LLC Enter Strategic API Collaboration

Company: Upstream
Category: News

Equity Stock Transfer (“EST”), an SEC-registered stock transfer agent based in New York City announced that it has deployed a fully operational Application Programming Interface (“API”) to automate the transfer of securities from its software systems to and from Upstream, a MERJ Exchange market. According to the announcement, EST and Upstream have created an integrated suite of technology solutions that deliver an automated in-app solution allowing public company shareholders to transfer their shares between an issuer’s primary listing exchange and Upstream. “With a tap of a button, shareholders of Upstream issuers that have EST as their transfer agent may now transfer shares via EST to the Upstream secondary market for improved liquidity, price discovery and instant trade-settlement,” Upstream co-creator Brian Collins said of the move. “This API collaboration with EST also allows non-U.S. shareholders to deposit shares for trading, where they may otherwise have struggled to deposit shares with U.S. brokers, as many brokers do not accept, deposit, clear or trade low-priced stocks, or stocks held by non-U.S. shareholders.”

To view the full press release, visit https://ccw.fm/7eqkK

About Upstream

Upstream, a MERJ Exchange market (https://merj.exchange), is a global securities trading app. Powered by a proprietary, transparency first, matching engine, Upstream allows investors outside of the U.S. to trade securities using just an app. For more information, please visit https://upstream.exchange. Upstream is currently accepting applications to dual list at https://upstream.exchange/getlisted. For additional information, please contact hello@upstream.exchange.

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