Sean Pace, Royalty Exchange CEO and founder, has a platform that allows anyone to sell their realty stream online. Investors go to the site and bid on these future cash flows. The site has now extended their application to iCap to go after the patent space royalty cash. This is another form of alternative finance that has been engendered by technological innovations that allow people from anywhere to invest in unique assets.
Royalty exchange is looking to get into other models in the near future. Apparently they are not profitable yet – but they are growing rapidly. This video was published a couple of weeks ago so I am bit late on this one but it is worth a watch because it is indicative of the growing movement of disruptive finance methods.
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