First minority-owned stock exchange opening doors for Black business

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What began as a friendship will now become history.  Joe Cecala and Dwain J. Kyles have spent the last 20 years building what will soon be the very first minority-run stock exchange. The Dream Exchange is hoping to play a big role in leveling the wealth gap between Black and white Americans in the decades to come.  “It’s actually truly born from the soul of two people that want to see the world become a better place,” said Joe Cecala, the co-founder and CEO of the Dream Exchange.  The Dream Exchange is launching this year to make the stock market more accessible to everyone in America.  “Most people in all communities have access to Main Street in some form or another, but the gulf which exists between Main Street and Wall Street has continued to exist and we see that serving as that bridge as being vital to the revitalization of our economy,” said Dwain J. Kyles, the managing member at DX Capital Partners.  The Dream Exchange will be the eighth licensed stock exchange in the country, but it will be the first minority-run stock exchange. It will function similar to exchanges like the New York Stock Exchange, where people...

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