tZERO Signs 3 Firms Looking to Tokenize Securities

The Overstock-owned company is onboarding OmniValley, Trellis and Wunderfund, a trio of investment platforms.

May 12, 2021 at 4:36 p.m. UTC
Updated Sep 14, 2021 at 12:54 p.m. UTC

Security token trading platform tZERO has signed agreements to provide three companies with access to tokenization services.

  • The alternative trading system operated by broker-dealer subsidiary tZERO ATS will provide the companies with continuous access to secondary liquidity, the firm announced Wednesday.
  • The agreements are with OmniValley, Trellis Platform and Wunderfund
  • OmniValley is an online network connecting startup investors; Trellis enables alternative-asset liquidity through lending and secondary-market trading services; Wunderfund is a crowdfunding platform for venture capital.
  • tZERO aims “to introduce these companies to a blockchain-based platform for tokenization and secondary trading,” CEO Saum Noursalehi said.
  • tZERO is a subsidiary of Medici Ventures, the blockchain arm of Overstock.

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