NEW YORK--(BUSINESS WIRE)--Rally, the creators of the fractional alternative investing platform that democratized investments in rare, one-of-a-kind collectibles, today announced the hire of Nili T. Moghaddam, the company’s first General Counsel. On the heels of hiring former Disney and ESPN executive George Leimer as its CEO, Rally’s latest investment in its C-suite team will enable it to further grow its user base and bring additional asset classes and collectibles to market.
Moghaddam joins Rally with a unique combination of decades-long experience in corporate law, government, and technology. Most recently, Moghaddam was at Robinhood, where she was one of the first lawyers at the company and later, its first Head of Litigation & Investigations. Prior to Robinhood, Moghaddam served as a federal prosecutor and as a corporate litigator at two prominent global corporate law firms.
“Nili’s iconic fintech startup experience, combined with her deep domain knowledge and expertise, makes her a natural fit for this role at Rally,” said George Leimer, CEO of Rally. “Nili’s addition to the team aids in our ability to expand into new asset classes and add new capabilities to the platform. We couldn’t be more excited to expand the breadth and depth of our executive team, and to work with someone who is deeply passionate about the Rally platform,” he said.
“I am delighted to join Rally at this exciting time in the company’s journey. Rally revolutionized investing by being the first to securitize and offer fractional shares in collectible goods that were previously available to only the wealthy. I am excited to work with the team to capture an even larger segment of the multi-trillion dollar market for collectible and rare assets, and to expand the platform and its products in 2021 and beyond. This role also affords me the opportunity to continue working with Dan Gallagher, the Chief Legal Officer at Robinhood, who sits on Rally’s Investment Advisory Committee,” said Moghaddam.
“Nili is a brilliant and tireless advocate, and her deep background in FinTech will serve Rally well,” said Gallagher.
To date, Rally has offered over 200 assets on its platform, and now offers at least one new offering to investors every day. In January 2021, more shares were traded on the platform than in all of Q4 2020. At any moment, there are at least 100 assets actively trading on the Rally platform.
Next month, Rally will give investors access to some of the most iconic collectibles in the world, including the Staples Center floor from Kobe Bryant’s last game, signed by Bryant immediately after his historic 61-point performance in April 2016. Other recent offerings include a museum-quality Triceratops “Prorsus” Skull excavated in Hell Creek, North Dakota worth approximately $300k and one of only two existing Topps PSA 10 1979 Wayne Gretzky Rookie Cards worth approximately $800k.
Rally is a first-of-its-kind platform where unique, high-value assets are securitized, split into shares, then offered as equity investments to users of all income levels. The company’s mission is to democratize alternative asset investing by providing access, liquidity, and transparency to markets that have traditionally only been available to a select few. Rally completed the first-ever initial offering for a vehicle in 2017. The Rally app is now easily available for iPhone, Android or Web (desktop and all mobile platforms) at https://www.rallyrd.com