tZERO ATS and Realio partner to connect issuers for secondary trading

By Pavithra R

tZERO, a leading financial technology company that owns, develops and operates a suite of FinTech solutions for capital markets, has announced that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an alternative trading system (ATS), has formed an agreement with Realio, a technology ecosystem for institutional-grade digital assets. 

Under the partnership, Realio’s global network of real estate and private equity issuers with an existing pipeline of over $300mn in assets to be tokenized will connect to the tZERO ATS, enabling issuers to elect to provide secondary trading for their digital securities.

“Our goal is to increase tZERO’s exposure to high-quality, digitized assets that are interested in a path to secondary trading. Today’s announcement is a step forward in achieving this goal. We look forward to working with Realio to connect with its pipeline of issuers seeking to trade on a regulated platform,” said tZERO CEO Saum Noursalehi.

Founded in 2018, Realio is a blockchain-enabled issuer, fund manager and technology provider, with the mission to merge private equity with blockchain technologies and provide much broader global access to institutional-quality investment products that create long term value and build wealth. It operates an end-to-end, blockchain-based SaaS platform for the issuance, investment, and life-cycle management of digital assets, focusing on issuer-controlled and non-custodial peer-to-peer solutions that connect real-world assets with decentralized finance.

“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,” said Realio Co-founder and CEO Derek Boirun.

tZERO is a technology firm with the goal of democratizing access to private capital markets. It is a subsidiary of Medici Ventures, the blockchain-focused, wholly-owned subsidiary of Overstock.com. Recently, the firm formed a partnership with DigiShares to help issuers create secondary liquidity.