tZERO ATS teams up with commercial real estate tokenization & finance platform Earn.re

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 entered into a partnership with Earn.re (Earn), a commercial real estate tokenization and finance platform.

The collaboration will enable Earn’s network of U.S.-based commercial property issuers to elect to provide secondary liquidity for their digital securities on tZERO ATS, subject to tZERO ATS’s due diligence of the individual securities, applicable regulatory requirements, and required technology integrations.

“We are excited about our partnership with Earn. This alliance will increase tZERO’s exposure to forward-thinking commercial property issuers of digital securities that are seeking an innovative, liquidity solution,” said tZERO CEO Saum Noursalehi.

Earn provides enterprise software applications used for issuing and servicing digital securities backed by commercial real estate. Digital securities offer issuers exposure to a global community of investors while providing stakeholders with enhanced safety, transparency, liquidity, and control.

“Earn is committed to ongoing technology and systems development, and ensuring our users have access to the latest tools available to enhance their real estate financing and investment activities. We believe digital securities are the future of the industry and are excited to partner with tZERO ATS, the leading venue for secondary liquidity in the industry,” said Earn CEO Aaron Lohmann.

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 signed technology integration agreement with Vertalo.