NEW YORK – March 12, 2021 – 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 Realio, a technology ecosystem for institutional-grade digital assets. This partnership will connect Realio’s global network of real estate and private equity issuers, with an existing pipeline of over $300M in assets to be tokenized, to the tZERO ATS, enabling issuers to elect to provide secondary trading for their digital securities. This is subject to tZERO ATS’s due diligence and applicable regulatory requirements.
tZERO CEO Saum Noursalehi stated, “Our goal is to increase tZERO’s exposure to high-quality, digitized assets that are interested in a path to secondary trading. Today’s announcement is a step forward in achieving this goal. We look forward to working with Realio to connect with its pipeline of issuers seeking to trade on a regulated platform.”
Realio is a blockchain-enabled issuer, fund manager, and technology provider specializing in sourcing and digitizing real estate and private equity investment opportunities. It operates an end-to-end, blockchain-based SaaS platform for the issuance, investment, and life-cycle management of digital assets with a focus on issuer-controlled and non-custodial peer-to-peer solutions that connect real world assets with decentralized finance.
Realio Co-founder and CEO Derek Boirun said, “At Realio, we are eliminating the barriers to invest in, trade, and leverage exclusive real estate, private equity, and other real-world assets through decentralized finance. We are excited to partner with tZERO and connect our issuers with a market-leading venue to access secondary liquidity through a world-class regulated platform.”
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).
Realio Technology LTD is an end-to-end, blockchain-based SaaS platform for the issuance, investment, and life-cycle management of digital assets. Realio combines access to a decentralized (p2p) exchange with the features of a sophisticated issuance/investment platform to merge enterprise-grade blockchain solutions with institutional-quality investment vehicles. The platform satisfies the need for stringent securities regulations while allowing uniquely democratized access to investment products normally reserved for a select subset of institutional investors.
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.
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