tZERO Secures Strategic Funding to Advance Tokenized Financial Market Infrastructure

tZERO Group, Inc., a leader in blockchain-based financial infrastructure, announced a funding round led by Marc and Max Cohodes, with participation from existing investor Intercontinental Exchange, Inc. (NYSE: ICE), Bill Fleckenstein, partner Dinari, Inc., and others. Neighborhood Intelligence also committed to support the round, with its portion contingent on tZERO announcing a binding agreement for a strategic transaction such as a change of control, asset sale, or merger with a SPAC. The financing is part of tZERO's long-term capital plan to advance its infrastructure-as-a-service (IaaS) offering for tokenized securities and other assets, connecting tokenization, trading, custody, and asset servicing for financial institutions.

The investment underscores growing institutional confidence in tZERO's regulated blockchain infrastructure at a time when traditional finance increasingly explores tokenization. "This funding supports tZERO’s operations and execution as we work to position the Company for capital independence and continue to commercialize and expand the infrastructure for tokenized financial markets," said Alan Konevsky, Chief Executive Officer of tZERO. "We are grateful to our participating investors for their confidence in our business." Marc Cohodes, lead investor, added, "This is my third investment round in tZERO over the last eight years. I believe that tZERO has never been in a stronger position or better managed and has a leading robust pipeline for its infrastructure services with a range of institutional clients."

The round brings together shareholders and strategic partners with a shared interest in tZERO's long-term development. Their participation provides a foundation for the company to deepen institutional relationships and pursue opportunities, including expansion into tokenized and other derivatives, prediction markets, and spot crypto infrastructure-as-a-service with its upcoming CFTC licenses, as well as to bridge to an independent footprint. tZERO's broker-dealer subsidiaries offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology and make equity available for trading on an alternative trading system. The company democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors.

This funding matters because it signals that major players like Intercontinental Exchange continue to bet on tZERO's vision for tokenized financial markets, even as the company works toward a strategic transaction. The support from Neighborhood Intelligence, tied to a future binding agreement, adds a layer of strategic flexibility. As regulatory clarity improves—evidenced by tZERO's pursuit of CFTC licenses—the infrastructure being built could become foundational for trading tokenized securities, derivatives, and prediction markets. For an industry still maturing, tZERO's ability to secure capital and partnerships may accelerate the adoption of blockchain-based assets by mainstream financial institutions. More information about tZERO Digital Asset Securities may be found on FINRA’s BrokerCheck. Additional details about tZERO Transfer Services can be found on the SEC's Edgar at https://www.sec.gov/search-filings.