tZERO, a marketplace to trade private digital securities, has received a strategic investment from group of investors.
The capital was supplied by ICE, Overstock.com, Medici Ventures and others.
tZERO operates an alternative trading system and broker-dealer in the digital assets space. Its platform connects issuers and financial firms looking for transparent, automated and digitally enabled marketplace.
Alongside the funding round, tZERO has named David Goone, the former chief strategy officer of Intercontinental Exchange, as its new CEO.
Intercontinental Exchange founder and CEO Jeff Sprecher said, “David Goone was present at many of ICE’s milestone moments and deals over two decades, was a key player on our management team as we built our world-class trading, clearing, and data infrastructure and product line, and has been a steward of our problem-solving culture.
“David’s leadership and his mastery of trading, data, and clearing technology will be a big asset as tZERO begins its next chapter leading the growth and adoption of next-generation market infrastructure.”
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