tZERO Newsletter 10.09.2024
“This is a unique opportunity for us to develop the infrastructure to support regulated digital assets in the United States.”
– Alan Konevsky, tZERO’s Chief Legal Officer
tZERO in the News
Cointelegraph – SEC Chair Gensler plugs changes to exchange definition that worries crypto
Businesswire – VerifyInvestor.com, a subsidiary of tZERO, Launches AML and KYC Screening Service to Provide a One-Stop Solution For Investor Onboarding Compliance
Securities.io – Special Purpose Broker-Dealer for Digital Asset Securities (SPBD): Why Are They Divisive?
Additional Insights
Takeaways from Token2049 – Coinbase Institutional Weekly Market Commentary
Why asset tokenization has stalled and how it’s about to change
Janus Henderson’s Nick Cherney on tokenizing a fund instead of going the ETF route
Coinbase urges court to reconsider appeal, cites SEC vs Ripple
SEC Approves BNY Mellon’s Expansion Into Crypto Custody Beyond ETFs
Franklin Templeton Adopts Aptos for Tokenized Fund
The big boys want in on crypto, too
The Future Of Tokenized Real-World Assets: A Multi-Trillion Dollar Market
Gibson Dunn Digital Assets Recent Updates
Citibank Says Family Office Interest in Crypto Assets Continues To Increase, Especially in One Region
Blockchain Revolutionizes the Luxury Wine Market
Wall Street Titan Guggenheim Tokenizes $20M of Commercial Paper on Ethereum
Digital Asset, DTCC, others pilot tokenized Treasuries for collateral
The influence of blockchain on sports fan engagement
JP Morgan’s JPM Coin used to settle tokenized commercial paper on SWIAT blockchain
SWIFT To Commence Digital Asset Transactions Starting 2025
PayPal Steps Up Crypto Game, Allows US Merchants To Buy, Sell, And Hold Digital Assets
CFTC reportedly mulling accepting digital assets as trading collateral
World Liberty Financial Opens Doors: Here’s How to Make the WLFI Whitelist
Central Banks and Financial Firms Unite to Explore Tokenization for Cross-Border Payments
Visa Introduces Tokenized Asset Platform for Blockchain-Based Financial Services
Banks to use Swift for digital asset transactions trial
Digital Asset, DTCC complete collateral tokenization pilot
SEC appeals $125M fine for digital token firm having sought $2B
Kamala Harris says US should become ‘dominant’ in blockchain, reiterates ‘digital assets’ in Economic Plan
Coinbase exec hopes for better crypto regulations after the election
BBVA to pilot tokenized money using Visa’s VTAP
Linqto Terminates $700 Million SPAC Deal With Blockchain Coinvestors
Democratizing Finance: How Web3 Bridges The Gap For The Underbanked
SEC wins case against defunct crypto firm over $18M ICO
Northern Trust, State Street surveys highlight institutional digital asset interest
SEC chair Gensler plugs changes to exchange definition that worries crypto
“It is a major pain point in the market, as these services are typically hard to buy in small quantities. By breaking them up from bulk and integrating them into a single platform, VerifyInvestor.com provides a true value add, offering a comprehensive one-stop solution that streamlines investment compliance and enhances efficiency for issuers.”
– David Goone, tZERO’s CEO
Notably, Prometheum and tZERO are registered alternative trading systems. They are also the first and so far only firms to receive special purpose broker-dealer status for digital asset securities, which allows them to provide custody of digital asset securities on behalf of retail and institutional clients.
