WRAP, the retail investor platform operated by Winterflood, is reporting 32 transactions in H1 2025.
Winterflood Securities is a liquidity provider and retail-focused platform that offers trading for retail as well as institutions.
WRAP aims to connect public companies and retail investors by facilitating participation in IPOs, primary issuance, and secondary transactions.
Winterflood states that access to WRAP is available to over 300 retail counterparties, including wealth managers and private client brokers. Winterflood reports consistent demand from retail investors.
Launched in May of 2023, Wrap says the first six months of 2025 have generated a record number of transactions.
The company reports that it is executing over 60% of all the retail offerings across the market.
In June 2025, the WRAP platform executed ten offerings to retail investors, with two-thirds of them oversubscribed.
Offerings on WRAP included the 1.75% index-linked treasury gilt and two digital asset companies:
The Smarter Web Company capped its €8 million limit in retail fundraising for its Bitcoin treasury strategy via five offerings.
Coinsilium raised approximately £5 million for its Bitcoin treasury strategy in three fundraising rounds, all of which were oversubscribed.
Joe Winkley, Director & Head of Corporate Services at Winterflood, describes WRAP as a significant success for Winterflood.
“We see continued, resilient retail investor demand for a range of asset classes, despite macroeconomic headwinds. Through WRAP, we can leverage that demand to provide liquidity for our partners.”
Sophia Bechev, WRAP Execution Lead at Winterflood, noted that despite negativity surrounding UK capital markets, retail investors have become increasingly active in recent months.
