Private Market

Definition ∞ A private market refers to a market where securities or assets are traded directly between parties, without the involvement of public exchanges. These transactions often involve privately held companies, illiquid assets, or direct investments. Digital assets can also be traded in private settings, away from public exchanges. Access is typically restricted to accredited investors.
Context ∞ The private market for digital assets is a growing segment, often involving large institutional investors or venture capitalists dealing in early-stage tokens or large block trades. News sometimes covers significant private placements or over-the-counter (OTC) deals for cryptocurrencies, which can influence public market prices. These transactions often occur to avoid impacting public order books or to facilitate bespoke agreements. The regulatory oversight in private digital asset markets differs from public exchanges.