Glossary Β· Taiwan
TWSE Innovation Board

Definition
A junior board of the Taiwan Stock Exchange that opened startup-share secondary trading to all investors, not just accredited or professional ones, starting in 2025.
Why it matters for a secondary
It's the closest thing in APAC to a genuinely public, regulated secondary market for startup shares β most of the rest of the region still routes secondaries through private, negotiated deals.
Frequently asked questions
Does "TWSE Innovation Board" apply the same way everywhere in Asia-Pacific?
No. Each market in this glossary has its own regulator, corporate forms, and rules β this term is specific to Taiwan. Check the linked market page for the fuller picture.
Is this legal or financial advice?
No. This is orientation for investors and allocators, not legal or financial advice. Confirm current rules with a licensed adviser in the relevant market before acting on anything here.