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Ex-Lawyer Launches the 1st Black-Owned Stock Exchange in U.S. History | The Root

Ex-Lawyer Launches the 1st Black-Owned Stock Exchange in U.S. History | The Root

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By Zack Linly, The Root

When we talk about white privilege and systemic racism, one thing that always comes up is generational wealth. It’s a thing white people disproportionately benefit from and a thing that is virtually nonexistent for Black people, as history has shown us far more instances of Black wealth being sabotaged (*cough* Black Wall Street *cough*) than instances where it has been nurtured and encouraged. One former lawyer has taken steps toward rectifying this disparity by launching the first Black-owned stock exchange in U.S. history.

In an interview with Black Enterprise, former attorney Joe Cecala discussed The Dream Exchange—a stock exchange he founded in partnership with Cadiz Capital Holding L.L.C., a minority-owned private equity firm. According to the Dream Exchange website, the company focuses “on small business capital formation and diversity using the power of the American investing public.”

See Also
Me & The Bees, Eat Black Owned, Soul Food, African American Cuisine, Black Cuisine, KOLUMN Magazine, KOLUMN, KINDR'D Magazine, KINDR'D, Willoughby Avenue, Wriit,

Full article @ The Root

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