Charles Schwab acquired private markets platform Forge in a $660 million deal to offer shares in companies like Anthropic, OpenAI, and SpaceX to retail investors, advisors, and institutions. With 636,000 users and over 4,700 companies available, fees range from 2-4% with a $5,000 investment minimum. Private investing is predicted to reach $2.4 trillion by 2030 in the US. Goldman Sachs and BlackRock also made recent moves in the private investment space. Schwab’s wealth business has seen significant growth, becoming the leading custodian in the industry.

Read more at Yahoo Finance: Behind Schwab’s $660M Deal for Private Asset Marketplace Forge