Tokenized securities trading platform tZero targets IPO in 2026 with support from Intercontinental Exchange, etc.

tZero Group Inc. CEO Alan Konevsky revealed in an interview that the company plans to conduct its initial public offering (IPO) in 2026. As a company operating in the securities market linked to digital tokens, tZero has investors such as Intercontinental Exchange, Inc. (ICE.US) backing it. The company has been in talks with multiple investment banks but has not yet confirmed a IPO partner, while also planning a round of Pre-IPO financing. Konevsky stated that the company has over 50 employees and is not yet profitable. Currently, integrating real-world assets (such as stocks and real estate) into cryptocurrency blockchain ledgers has become an industry trend, aiming to reconstruct the traditional financial ecosystem through more efficient and transparent asset tracking and trading methods. Last year, BlackRock, Inc. introduced the first blockchain money market fund; this year, institutions like Kraken have launched tokenized stocks and ETF products. According to blockchain asset tracking firm rwa.xyz, around $35 billion in real-world assets have been transformed into blockchain assets. Established in 2014, tZero provides companies with compliant private financing channels through blockchain technology and processes compliant with regulations like Regulation D- allowing companies to privately sell securities without a full public registration. The company has also facilitated a few tokenized security transactions, including its own stock. Konevsky disclosed that tZero has raised approximately $200 million in funds through tokenization and other means. As the cryptocurrency industry accelerates towards the public market, tZero has joined the latest wave of companies preparing for an IPO. Reportedly, its competitor Securitize is in talks to go public through a blank check company; cryptocurrency exchanges Gemini and Bullish have already gone public this year, with Kraken also planning to launch an IPO in 2026.