Dubai’s stock exchange is introducing a new platform called “The Arena” that allows companies to tap into the growing global market for private credit and gives venture capital firms the ability to sell shares in startups they own.

Using technology developed for Nasdaq, the Dubai Financial Market’s latest project targets family conglomerates, VC funds, and small and medium-sized enterprises, the exchange said in a statement on Wednesday.

Companies raising money through The Arena will have the ability to impose access limitations, such as restricting sales to institutional investors, employees or family members.

“Arena is designed to facilitate seamless processes, including due diligence, book building, brokered trades, and settlement, fundamentally reshaping the landscape of investment accessibility and efficiency,” DFM CEO Hamed Ali said.