tZERO Gains FINRA Approval to Offer Retail Access to Tokenized Mutual Funds

tZERO Group Inc. announced that its broker-dealer subsidiary, tZERO Securities, has received approval from the Financial Industry Regulatory Authority (FINRA) to act as a retailer of open-end investment companies, including tokenized mutual funds. This approval marks a meaningful expansion of tZERO's regulatory portfolio, enabling the firm to offer a broader range of investment products to everyday investors. tZERO Securities can now integrate tokenized mutual fund products into its retail platform, offering investors continuous subscription and redemption opportunities through a regulated broker-dealer interface.

This approval aligns with tZERO's vision for a connected, multi-asset ecosystem that bridges traditional finance and Web3, particularly the cross-asset interoperability and efficiency that tokenized fund products provide. Becoming a retailer for mutual funds is an incremental step in furtherance of tZERO's broader mission of delivering a multi-asset platform to its customers, creating new opportunities to bring yield-oriented products to retail investors alongside its existing product offering. It also enhances tZERO's ability to support settlement infrastructure using a retail money market product, similar to its collaboration with Lynq, for which tZERO Securities serves as the broker-dealer operator of an interest-bearing settlement network designed for institutional clients.

The approval accelerates tZERO's growth strategy and broadens the range of investment products the company can deliver. The expanded access supports tZERO's long-term vision for fully integrated digital markets and positions the firm to lead the next phase of evolution in investment infrastructure. tZERO Securities is open to working with prospective fund sponsors and asset managers to bring tokenized mutual fund products to its platform. This development represents a significant step toward mainstream adoption of blockchain technology in traditional investment vehicles, potentially increasing efficiency, transparency, and accessibility in mutual fund markets.

tZERO Digital Asset Securities, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC, operating in accordance with the SEC's statement regarding the Custody of Digital Asset Securities by Special Purpose Broker-Dealers. More information about tZERO Digital Asset Securities may be found on FINRA's BrokerCheck at https://brokercheck.finra.org/. tZERO Securities, LLC is also a broker-dealer registered with the SEC and a member of FINRA and SIPC, operating the tZERO Securities ATS, with more information available on FINRA's BrokerCheck at https://brokercheck.finra.org/. Digital asset securities may not be securities as defined under the Securities Investor Protection Act, and protections afforded to securities customers under SIPA may not apply to certain digital asset securities.