crowdcube it recently served as a dedicated platform for the sell side of its proprietary secondary platform. wowve employee tender Autonomous driving company Wayve has completed the sale of the private company’s employee shares for a total of $85 million. The transaction was enabled under the new PISCES (Private Interval Securities and Capital Exchange System), an initiative designed to improve private markets and improve access to capital and opportunities. In this case, PISEC was utilized to provide liquidity to early shareholders.
Wayve was last valued at $8.6 billion in its Series D financing round in February 2026.
According to a blog post, Crowdcube declared the sale indicative of the growing market for secondary products. This is important because companies stay private for as long as possible, and from time to time the original shareholders want (or need) liquidity. Data shows that “internally managed” secondary education represents an opportunity of around £26bn in Europe.
co-CEO of Crowdcube bill simmons It said its secondary markets were specifically designed to accommodate the nuances of UK/European regulations.
While Crowdcube and other securities crowdfunding platforms are primarily launched as seed/early stage online capital raising platforms, the reality is that many investors prefer the lower risk profile offered by a more mature firm. At the same time, secondary transactions can facilitate liquidity for interested parties. This is good for Crowdcube as it strengthens its value proposition by providing a service to investors and sellers.
Crowdcube says the “regulatory stack” they have built is perfect for serving this sector of the capital market and touts its “custom employee liquidity software.”
While Europe/UK is slightly different from the US, a similar situation is playing out in the US as platforms see secondary services as a viable way to build a business by providing an in-demand service. As private markets grow and public markets shrink, online investment platforms like Crowdcube are well positioned to benefit from this trend due to their experience and technology.
Crowdcube says it has invested £1.5bn in private markets on its platform since its launch and currently manages a securities portfolio of more than £1.3bn with over 450,000 investors.
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