tZERO ATS Partners with Commercial Real Estate Issuance Platform Earn.re

Rhea-AI Summary

tZERO, a blockchain innovation leader, has partnered with Earn.re to enhance liquidity for digital securities in commercial real estate. This collaboration allows U.S. property issuers to offer secondary liquidity on tZERO ATS, contingent upon due diligence and regulatory compliance. CEOs Saum Noursalehi and Aaron Lohmann highlight the partnership's potential for increased innovation in real estate financing. tZERO aims to democratize access to private capital markets, promoting transparency and safety in digital securities.

Positive

• Partnership with Earn.re enhances liquidity options for digital securities.
• Increased exposure to innovative commercial property issuers.
• Focus on safety, transparency, and control for stakeholders.

Negative

• 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 partnered with Earn.re (Earn), a commercial real estate tokenization and finance platform. This partnership will enable Earn’s network of U.S.-based commercial property issuers to elect to provide secondary liquidity for their digital securities on tZERO ATS. This is subject to tZERO ATS’s due diligence of the individual securities, applicable regulatory requirements, and any required technology integrations.

tZERO CEO Saum Noursalehi stated, “We are excited about our partnership with Earn. This alliance will increase tZERO’s exposure to forward-thinking commercial property issuers of digital securities that are seeking an innovative, liquidity solution.”

Earn provides enterprise software applications used for issuing and servicing digital securities backed by commercial real estate. Digital securities offer issuers exposure to a global community of investors while providing stakeholders with enhanced safety, transparency, liquidity, and control.

Earn CEO Aaron Lohmann said, “Earn is committed to ongoing technology and systems development, and ensuring our users have access to the latest tools available to enhance their real estate financing and investment activities. We believe digital securities are the future of the industry and are excited to partner with tZERO ATS, the leading venue for secondary liquidity in the industry.”

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 Earn.re

With headquarters in New York, Earn.re provides enterprise applications used for issuing and servicing digital securities backed by commercial real estate (CRE). The Earn.re platform enables compliant access to the blockchain for the purpose of financing CRE, providing users with enhanced transactional certainty, transparency, liquidity, and control. With Earn.re, qualified investors and issuers can create and trade fractional shares of equity and debt instruments backed by real estate assets. For more information, visit https://earn.re/.

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FAQ

What is the significance of tZERO's partnership with Earn.re?

The partnership enhances secondary liquidity options for digital securities backed by commercial real estate, benefiting issuers and investors.

How does tZERO ATS ensure regulatory compliance?

tZERO ATS conducts due diligence on individual securities and adheres to applicable regulatory requirements.

What are the benefits of the digital securities offered through this partnership?

Digital securities offer enhanced safety, transparency, liquidity, and control for investors and issuers.

What does this partnership mean for Overstock.com (OSTK) shareholders?

The partnership could lead to increased market activity and innovation in digital securities, which may positively influence Overstock.com’s market position.