tZERO and DigiX Announce Strategic Collaboration on Tokenized Funds and Other Assets [Yahoo! Finance]
Beyond, Inc. (BYON)
Company Research
Source: Yahoo! Finance
pioneering digital tokenization platform focused on democratizing investment opportunities outside of the U.S., are excited to announce a strategic collaboration between tZERO and DigiX. DigiX and tZERO, along with tZERO's U.S.-regulated broker-dealer subsidiaries, will work on business opportunities relating to fractionalizing and tokenizing interests in a range of private equity and venture capital funds, as well as other securitized assets, and providing compliant U.S.-focused secondary liquidity for such securities. The transaction includes an investment by tZERO in DigiX to align interests in expanding DigiX's offerings and enhancing its global investor base through a partnership with a leading U.S. platform, which affords a range of unique capabilities, including one of only two SEC- and FINRA-regulated special purpose broker-dealers in the U.S. permitted to custody digital asset securities. "We see tremendous potential in partnering with DigiX," said David Goone, tZERO's CE
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