Charles Schwab to Acquire Forge Global, Creating Premier Destination to Democratize Access to Private Markets

Release date: Nov 06, 2025

The Charles Schwab Corporation (Schwab) announced it has entered into a definitive agreement to acquire Forge Global Holdings, Inc. [NYSE: FRGE] (Forge) in a transaction valued at approximately $660 million. Forge operates the premier private market platform and a leading trading marketplace through which investors have bought and sold more than $17 billion in private company shares.

Forge offers qualified investors a range of direct and indirect opportunities to participate in the private markets. Its combination of a direct marketplace, private company solutions, and proprietary data helps enhance private market access and transparency for qualified investors.

Read the full press release published by the Charles Schwab Corporation here.

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Charles Schwab to Acquire Forge Global, Creating Premier Destination to Democratize Access to Private Markets

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