Since inception, NPM has facilitated more than $40 billion in transactional volume and has worked with 400+ private companies and 100,000+ employees, stakeholders, and investors.

Beginning in early 2008, SecondMarket expanded into other asset classes—first auction‐rate securities, then bankruptcy claims, limited partnership interests, structured products (MBS, CDO, ABS),[3] whole loans, private company stock, government IOUs and bitcoins.

[16] In April 2009, Secondmarket opened the collateralized debt obligation (CDO) and mortgage-backed security (MBS) markets.

When the state of California issued warrants to its creditors in mid-2009, SecondMarket opened up a market place to facilitate the trading of government IOUs.

The NASDAQ Private Market (formerly known as "SecondMarket") acts as the custodian and the trust is audited by Ernst & Young.

[21] Grayscale also manages the Ethereum Classic Investment Trust SecondMarket (now known as the NASDAQ Private Market) announced in February 2014 that it planned to open a regulated, US-based bitcoin exchange.