TZero to Digitize and Trade $18M of Equity in Real-Estate Crowdfunder NYCE

TZero will support the secondary trading of NYCE's digital securities through its smart-contract technology.

AccessTimeIconJun 30, 2021 at 2:36 p.m. UTC
Updated Sep 14, 2021 at 1:19 p.m. UTC

Security token trading platform tZERO is to digitize and trade around $18 million worth of equity in real-estate crowdfunding company NYCE.

  • The equity will be digitized once issued in NYCE's upcoming Regulation A+ offering, subject to regulatory approval, the company said Wednesday.
  • NYCE was co-founded by the Danish soccer player, FC Barcelona forward Martin Braithwaite, and holds $260 million in assets under management through its real-estate portfolio.
  • TZero will support the secondary trading of NYCE's digital securities through its smart-contract technology.
  • Subject to due diligence, tZERO expects to trade NYCE shares through its broker-dealer subsidiary tZERO ATS.

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