NYSE Parent ICE Backs tZERO Funding as CEO Alan Konevsky Pushes Tokenized Securities Vision

NYSE Parent ICE Backs tZERO Funding as CEO Alan Konevsky Pushes Tokenized Securities Vision

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With the RWA market crossing $33 billion, the race to build infrastructure for tokenized securities is moving closer to Wall Street’s traditional market operators.

tZERO, a blockchain-based financial infrastructure company, has raised a new funding round led by existing investors Marc and Max Cohodes. It has also received participation from Intercontinental Exchange (ICE), Bill Fleckenstein, Dinari and other investors. Neighborhood Intelligence has also committed to support the financing under certain conditions. However, the company did not disclose the size of the round.

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