FAQ: tZERO's Fully Operational Tokenized Security Custodian Milestone
Summary
tZERO's broker-dealer subsidiary has successfully completed its first regulatory exam without exception, marking its full operational status as a Special Purpose Broker-Dealer for tokenized securities. This milestone demonstrates the company's commitment to compliance and investor protection while advancing regulated digital asset infrastructure.
What is the main announcement from tZERO?
tZERO’s subsidiary, tZERO Digital Asset Securities, has successfully completed its first regulatory exam without exception, marking its full operational status as a Special Purpose Broker-Dealer permitted to custody tokenized securities.
What is a Special Purpose Broker-Dealer (SPBD)?
An SPBD is an SEC-registered broker-dealer authorized to custody, clear and facilitate trading in digital asset securities, with tZERO Digital Asset Securities being one of only two firms nationwide to hold this unique status.
Why is this milestone significant for tZERO and the digital asset market?
This achievement underscores tZERO’s commitment to compliance, transparency, and investor protection while advancing the digital asset securities market with regulated infrastructure that bridges blockchain innovation with regulatory standards.
What services does tZERO Digital Asset Securities provide?
The company provides custody, clearing, and trading of tokenized securities through infrastructure that mirrors traditional capital market safeguards while leveraging blockchain technology for increased efficiency and transparency.
How does this benefit other broker-dealers in the market?
tZERO Digital Asset Securities is approved to offer correspondent custody and clearing services to other broker-dealers who lack SPBD approval, providing an effective alternative to non-broker-dealer-led custody for digital asset securities.
When did tZERO Digital Asset Securities launch and when was this milestone achieved?
The subsidiary launched in September 2024 and achieved this regulatory milestone one year after securing SPBD approval, with the announcement made on October 1, 2025.
Who are the key executives quoted in the announcement and what did they emphasize?
CEO Alan Konevsky emphasized the strength of their operational framework and commitment to compliance, while President Alex Vlastakis highlighted the foundational infrastructure for scaling and adding value for issuers and investors.
What makes tZERO’s approach to digital securities unique?
tZERO provides infrastructure that mirrors traditional capital market safeguards while leveraging blockchain technology, proving that digital securities can be transacted and custodied with the same rigor as traditional instruments.
Where is tZERO based and where do these services operate?
tZERO is based in New York, NY and operates nationwide as one of only two firms in the United States with Special Purpose Broker-Dealer status for tokenized securities.
Who should be contacted for more information about tZERO’s services?
Media inquiries should be directed to Julie Ros, Head of Marketing & Communications, at [email protected].
This story is based on an article that was registered on the blockchain. The original source content used for this article is located at NewMediaWire
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