The firm even claims to have ventured into investment banking, via underwriting IPOs. Listed on Nasdaq as UP Fintech Holding, the firm underwrote four US and Hong Kong IPOs in 3QFY2023 ended Sept 30, 2023, including the Japanese blockchain firm Earlyworks, which debuted on Nasdaq in July 2023.
Financial markets have been subjected to major events over the past few years, ranging from the pandemic to an inflationary economic environment amid unprecedented US rate hikes and soon, the start of interest rate cuts. But online brokerage Tiger Brokers has pivoted along with these changes just fine.
Over the past five years, the Xiaomibacked firm has expanded from brokerage services to managing employee stock ownership plans (ESOP).
