WraptShares' Approach
WraptShares follows a similar cooperative model to Vanguard, but for private assets. Just as Vanguard's mutual structure democratized access to index funds, WraptShares is a mutual owned by its ETP entities and ATP shareholders, designed to lower costs and broaden access to private markets.
Vanguard's
Model
Vanguard, with $11 trillion in assets, operates as a mutual—owned by its funds and, indirectly, by millions of fundholders. This structure eliminates external shareholders, reducing costs and aligning incentives with investors.
Democratizing Private Assets
The private asset market has historically been undemocratic, characterized by high minimums, high fees, and restricted access. Vanguard broke down these barriers in public markets. WraptShares is doing the same for private assets.
Benefits of Democratization
Democratization isn't just an ideal—it's a solution to inefficiencies created by unequal access. A cooperative framework offers a low-cost, investor-first model, making private investments more accessible, transparent, and scalable.
