Ask Price
The lowest price someone is willing to sell their CRT for.
Understanding Ask Price
The ask price is the lowest price at which a current CRT holder is willing to sell their Channel Revenue Token on GigaStar Trading (GigaStar's secondary market). While the bid price reflects buyer demand, the ask price represents the supply side; it shows what sellers believe their CRTs are worth and the minimum they will accept to part with them.
On GigaStar Trading, multiple sellers may list their CRTs at different prices. The lowest of these asking prices becomes the current ask price displayed in the market. When a buyer is willing to pay the current ask price, a trade can execute.
Several factors influence how sellers set their ask prices. The original purchase price of the CRT, the distributions received to date, the Creator's current and projected revenue performance, and the seller's personal financial needs all play a role. Some sellers may set ask prices above their original purchase price, seeking a gain, while others may be willing to accept less than they paid if they need liquidity or if the Creator's performance has changed.
For buyers, the ask price represents the lowest price at which CRTs are currently available for purchase. If the ask price is higher than what a buyer wants to pay, they can place a bid at their preferred price and wait for a seller to match it.
The relationship between the ask price and the bid price creates the bid-ask spread, which is an important indicator of market liquidity. A narrow spread suggests active trading interest with buyers and sellers close to agreement on price. A wide spread may indicate lower liquidity or greater disagreement about the CRT's value.
As with all aspects of secondary market trading, ask prices can change rapidly based on market activity and are not indicative of a CRT's fundamental value.
Key Points to Remember
- Ask Price is regulated by the SEC under Regulation Crowdfunding
- All investments carry risk — past performance doesn't guarantee future results
- Review all offering documents carefully before investing
Related Terms
Bid Price
The price a buyer is willing to pay for a CRT on the GigaStar Secondary Market. The highest current bid sets the market bid price for that token.
GigaStar Secondary Market
GigaStar Trading is GigaStar's upcoming SEC-registered Alternative Trading System (ATS), where CRT holders may buy and sell their positions, launching in 2026.
Limit Order
An order where you set the exact price you want to buy or sell at. Your order will only go through at that price or better.
Liquidity
Liquidity is the ability to buy or sell CRTs. CRTs are illiquid during the 12-month holding period. GigaStar Trading may provide liquidity, but does not assure it.
Market Order
An instruction you give the platform to buy or sell a certain number of CRTs at a price you choose.
Price Discovery
The process by which the GigaStar Secondary Market determines CRT pricing based on supply and demand dynamics, Creator performance metrics, and Investor sentiment.
Frequently Asked Questions
What is the GigaStar secondary market?
The GigaStar secondary market platform, called GigaStar Trading, is an SEC-registered digital Alternative Trading System (ATS) that allows eligible investors to buy and sell previously issued Channel Revenue Tokens (CRTs) with other investors after the initial offering period and any applicable restricted period, subject to securities regulations and platform rules. (e.g., Reg CF = 12-month restricted holding period). This secondary market platform enables peer-to-peer trading of existing CRTs. Note that Investment offerings are speculative, illiquid, and involve a high degree of risk, including the risk of loss of your entire investment. Securities purchased in GigaStar Market must be held 12 months before trading in the secondary market. There is no guarantee of an active or liquid secondary market and investments are subject to market risk and will fluctuate in value. Past performance is not a guarantee of future results.
How is the secondary market different from GigaStar Market?
GigaStar Market (Primary Market) is an SEC-registered Funding Portal and member of FINRA that offers securities under a Regulation Crowdfunding (Reg CF) platform. This is the primary marketplace where Channel Revenue Tokens (CRTs) are first issued and sold directly to investors to fund a Creator. GigaStar Trading (Secondary Market) is an SEC-registered broker-dealer (BD) operating a digital Alternative Trading System (ATS) for the trading of Digital Asset Securities. This is a secondary market trading venue separate from the primary market, where eligible investors may buy and sell CRTs with one another. Primary offerings raise capital for Creators. Secondary trading allows existing investors to trade CRTs, transferring ownership, subject to market availability. NOTE: Investment offerings are speculative, illiquid, and involve a high degree of risk, including the risk of loss of your entire investment. Securities purchased in GigaStar Market must be held 12 months before trading in the secondary market. There is no guarantee of an active or liquid secondary market and investments are subject to market risk and will fluctuate in value. Past performance is not a guarantee of future results.
What assets can be traded?
Eligible Channel Revenue Tokens (CRTs) that were issued in primary offerings, have satisfied applicable holding requirements (12-month holding period from initial purchase) and meet platform eligibility standards can be traded on the GigaStar Trading platform.