We achieved many accomplishments on the path to our desired end-state in 2021 and look forward to our future milestones in 2022
Our company was formed with a mission – to transform capital markets through the adoption of blockchain technology applications. We have strived to deliver on that mission by creating a superior liquidity platform positioned to give users access to a wide breadth of assets, including private securities, NMS securities, cryptocurrencies, and non-fungible tokens (NFTs).
In 2021, we reached important junctures on the path to our desired end-state. We received approval by FINRA for the tZERO Securities to settle and clear securities transactions for itself and its broker-dealer affiliates, launched the tZERO Crypto app v2.0 with a new custody solution (which enabled a number of upgrades to improve the trading experience), continued to grow tZERO Crypto app’s functionality and features, added 14 cryptocurrencies to the tZERO Crypto App, tZERO Securities customers saw the launch of the digital asset to fiat account funding feature that supports three cryptocurrencies, and Exodus Movement, Inc.’s Class A common stock (EXOD) began trading on the tZERO Securities. We were also recognized as ‘Most Innovative in Capital Markets’ by Benzinga during its 2021 Global Fintech Awards.
As we look forward to 2022, we are looking towards the following initiatives:
Increase the Assets Trading on the Platform: Following the launch of our tZERO Securities self-clearing operations, or sooner if possible, we plan to onboard additional securities on the tZERO Securities, specifically Curzio Research, MarketSpace Capital, XY Labs, and American Films (AMFL)’s digital securities Separately, we plan to continue to grow the crypto assets supported on the tZERO Crypto app.
Launch tZERO Securities’ Self-Clearing Operations: Our top priority is vertically integrating the clearing and settlement process for the securities trading platform operated by tZERO’s broker-dealer subsidiary, tZERO Securities. Operationalizing self-clearing will allow the company to reduce external variables and dependencies that have slowed the velocity of asset onboarding.
Merge the Private Digital Security and Cryptocurrency Trading User Experience: tZERO plans to merge the private digital security and cryptocurrency trading user experience to create one seamless touchpoint for customers, initially on a web interface and followed by mobile applications. Merging these asset types into one user experience will allow us to quickly scale our business’s demand-side, which is another one of our main priorities.
Maintain a Nimble Platform with Superior Customer Services: After the merged experience is launched, we plan to offer public, traditional securities on our securities trading platform. As we move towards that consumer experience, we will be looking to deploy a revamped, focused, marketing and branding approach to increase reach, awareness, and acquisition, in addition to looking to deploy other products, initiatives, and features.
As we look to the future, including concluding the process of our leadership transition shortly, we continue to execute on our original mission through the strategies we have shared and by continuing to envision additional products and services we can drive to leverage next-generation infrastructure and market transformation. We cannot wait to share each future milestone with you as they occur.
Happy Holidays and Happy New Year to our community!
tZERO
