tZERO, a leader in blockchain innovation and liquidity for digital assets, announced 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 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.
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. 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.
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.
Photo by Toa Heftiba on Unsplash
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