Forge Global, Inc. recently announced its selection as the Liquidating Trustee of Linqto customer assets following Chapter 11 proceedings. This trust will hold customer-linked assets as part of the confirmed plan of reorganization for Linqto, Inc. Forge will now take over the administration of these assets for former customers. The company aims to provide reliable pathways for investors to realize value over time. This new role remains subject to final court approval and the signing of legal agreements.
As the Liquidating Trustee of Linqto, Forge will manage holdings through structures established after the court process. Forge has over a decade of experience in operating regulated infrastructure for private markets. Today, they safeguard billions of dollars of assets via a multitude of custodial accounts and investment vehicles. Finally, the firm has supported over $18 billion in private market transactions since its founding. This depth of experience ensures that the transition for former Linqto customers remains professional and transparent.
Infrastructure and Future Stewardship
The court-approved framework allows customers to choose how their interests are managed. Forge will work closely with stakeholders to maintain clear communication throughout this transition. Their focus remains on protecting customer holdings and navigating complex private market outcomes. By using its state-chartered trust company, Forge provides the necessary regulatory rigor for these sensitive assets.
“Being entrusted with these assets is a responsibility we take very seriously,” said Kelly Rodriques, Chief Executive Officer of Forge. “Forge was built to operate at the intersection of private markets, regulatory rigor, and investor trust. Our focus is on stewardship, ensuring these customer holdings are protected, well-administered,d and supported by the infrastructure required to navigate private market outcomes.”
“Forge brings more than a decade of experience operating regulated private market infrastructure, including an SEC-registered investment adviser and broker-dealer, and a state-chartered trust company,” the company stated in the official announcement.
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News Source: Businesswire.com
