Despite recent restructuring of its main backers, tZERO has continued to march along in recent months. This forward momentum has continued to pay dividends, with tZERO successfully building new strategic partnerships along the way. Not only has the company aligned its efforts with others such as Vertalo and TokenSoft, but also with another pair of intriguing industry participants – Realio and DigiShares.
In each of the following partnerships, tZERO finds itself playing the role of a bridging service. This means connecting clients of each Realio and Digishares to its own alternative trading system (ATS) – providing new liquidity in the process.
In the case of Realio, its client base is comprised primarily of ‘real estate and private equity issuers’. Upon announcing its newly established partnership with tZERO, it is noted that Realio has roughly $300M worth of assets scheduled for tokenization. Once this process is complete, the resulting digital securities will now have access to tZERO’s ATS, and the enhanced liquidity that a secondary market offers.
Derek Boirun, CEO of Realio, states, “At Realio, we are eliminating the barriers to invest in, trade, and leverage exclusive real estate, private equity, and other real-world assets through decentralized finance. We are excited to partner with tZERO and connect our issuers with a market-leading venue to access secondary liquidity through a world-class regulated platform.”
Behind the scenes, Realio has also been busy with the development of its own services, as made evident with the recent steps towards tokenization of a $250M fund built by Valentus Digital
While based in Europe, DigiShares maintains a global presence with clients on 4 continents. DigiShares offers clients interested in tokenization access to its tech-stack, in the form of a ‘white-label’ platform. This same clientele will now benefit, as the new partnership with tZERO will allow them access to secondary markets – meaning supported digital securities will see increased liquidity.
Claus Skaaning, CEO of DigiShares, states, “DigiShares is focused on bringing efficiency to the token sale and cap table management processes to streamline the tokenization of assets. Our diverse customer base of issuers will now be connected to a market-leading secondary liquidity platform for digital securities, the tZERO ATS. We look forward to collaborating with tZERO, a company that shares our vision of building bridges between traditional finance and blockchain technology.”
A Continuing Effort
When looking at the various partnership announcements from the past few months, it is clear that these are continuing efforts on the part of tZERO, which were announced in mid-2020. At the time, tZERO made it clear that moving forward, the integration of third-party issuance platforms into its ATS was a priority – the goal of which is to create a robust secondary marketplace, boasting a bevy of assets with liquidity to spare.
To learn more about tZERO and the services which it offers, make sure to peruse our overview of this promising company.