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tZERO ATS Forges Agreement with Tokenization Platform DigiShares to Create Path to Liquidity for its Issuer Base

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tZERO announced its partnership with DigiShares, connecting digital securities issuers on DigiShares’ platform to tZERO ATS, enhancing liquidity access for these assets. This collaboration enables issuers to provide secondary liquidity, subject to regulatory requirements. DigiShares offers a white-label platform for tokenized securities and has established connections across multiple regions including the U.S., Europe, and Asia. The partnership aims to streamline the tokenization process, especially in real estate, by improving market access.

Positive
  • Partnership with DigiShares is expected to enhance liquidity for digital securities.
  • Access to DigiShares' extensive network of issuers increases potential equity crowdfunding opportunities.
  • Collaboration aims to improve tokenization efficiency in traditionally illiquid markets like real estate.
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  • None.

tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an alternative trading system (ATS), has signed an agreement with DigiShares, a white-label platform for tokenized securities, to connect issuers of digital securities on the DigiShares’ platform to the tZERO ATS. DigiShares’ network consists of many asset managers, investment fund managers, real estate developers, renewables project developers, among others that are based in the U.S., Asia, Russia, Europe, and Africa. Interested issuers will now be able to opt in to provide secondary liquidity for their digital securities, subject to tZERO ATS’s due diligence and applicable regulatory requirements. This partnership is expected to increase tZERO’s access to potential equity crowdfunding, real estate, and other types of issuers of digital securities that are seeking secondary liquidity.

tZERO CEO Saum Noursalehi stated, “DigiShares is a forward-thinking company and understands the enormous potential in tokenizing assets, particularly in the traditionally illiquid real estate space. tZERO ATS is excited to provide DigiShare issuers with an innovative solution to create secondary liquidity.”

Danish-based DigiShares provides white-label solutions for the issuance, corporate management, and trading of digital securities. DigiShares has a number of reputable existing relationships with Polymath, F10, UPRETS, Alcion, and many others.

DigiShares CEO Claus Skaaning said, “DigiShares is focused on bringing efficiency to the token sale and cap table management processes to streamline the tokenization of assets. Our diverse customer base of issuers will now be connected to a market-leading secondary liquidity platform for digital securities, the tZERO ATS. We look forward to collaborating with tZERO, a company that shares our vision of building bridges between traditional finance and blockchain technology.”

tZERO is a technology firm with the goal of democratizing access to private capital markets. tZERO is a subsidiary of Medici Ventures, the blockchain-focused, wholly owned subsidiary of Overstock.com, Inc. (NASDAQ:OSTK).

Investor Notice

Investors should note that trading securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, no assurance of liquidity, which could impact the price and ability to sell, and possible loss of principal invested. Further, an investment in single security could mean lack of diversification and, consequently, higher risk. Potential investors are urged to consult a professional adviser regarding any economic, tax, legal or other consequences of trading any securities as described herein.

No Offer, Solicitation, Investment Advice or Recommendations

This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.

Forward-Looking Statements

This release contains forward-looking statements. In addition, from time to time, tZERO, its subsidiaries, or its representatives may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which is derived from currently available information. Such forward-looking statements relate to future events or future performance, including financial performance and projections; growth in revenue and earnings; and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including, without limitation: the ability of tZERO and its subsidiaries to change the direction; tZERO’s ability to keep pace with new technology and changing market needs; and competition. These and other factors may cause actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or their respective representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions. tZERO, its subsidiaries, and its representatives are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or its representatives might not occur.

About tZERO

tZERO Group, Inc. and its broker-dealer subsidiaries (tZERO) provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system. tZERO democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. For more information on tZERO, please visit https://www.tzero.com/.

tZERO is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser or investment manager, and is not providing brokerage, investment banking or underwriting services, recommendations or investment advice to any person, and does not provide any brokerage services. tZERO takes no part in the negotiation or execution of secondary market transactions for the purchase or sale of securities and at no time has possession of investor funds or securities in connection with such transactions.

About tZERO ATS

tZERO ATS, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. More information about tZERO ATS may be found at https://brokercheck.finra.org/. Digital securities that trade on tZERO ATS are conventional uncertificated securities. Ownership of such securities is reflected on the traditional books and records of regulated market participants. The term "digital" refers to the blockchain technology elements of a security that are intended to enhance investor experience through added transparency.

About DigiShares

DigiShares provides white-label solutions for the issuance, corporate management, and trading of digital assets. The company works with asset managers, investment fund managers, real estate developers, renewables project developers, and others interested in more efficient ways of raising capital and managing a large group of investors in their fund.

FAQ

What is the recent partnership announced by OSTK's subsidiary tZERO?

tZERO announced a partnership with DigiShares to connect issuers of digital securities to its ATS, enhancing liquidity options.

How will the partnership between tZERO and DigiShares benefit digital securities issuers?

The partnership allows issuers to provide secondary liquidity for their digital securities, expanding access to potential investors.

What types of issuers does DigiShares connect with tZERO?

DigiShares connects asset managers, fund managers, real estate developers, and renewables project developers with tZERO's ATS.

What is tZERO's role in the digital securities market?

tZERO operates an alternative trading system (ATS) that facilitates liquidity and trading for digital securities, democratizing access to private capital markets.

What does the partnership imply for the future of blockchain and traditional finance?

The partnership highlights a move towards integrating blockchain technology with traditional finance, improving efficiency in asset tokenization.

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