Yieldstreet is out with a note that their Yieldstreet Prism Fund is now available to non-accredited investors. Previously offered to accredited investors only, the Fund invests in primarily illiquid, private market assets.
A single investment in the Fund provides exposure to holdings in six asset classes: Art, Commercial, Consumer, Legal, Real Estate, and Corporate preferred bonds.
[CEO:] “By opening the Fund to non-accredited investors, we stay true to our mission… We are offering opportunities to people who have been shut out of such investments in the past. Now they get access to some of the products and asset classes that previously have been confined to only big institutions and the ultra rich.”
Since platform launch, Yieldstreet has funded over $1.5 billion of investments on its platform and reports having returned nearly $700 million in principal and interest to investors. The company is headquartered in New York City with offices in Brazil, Greece, and Malta.