TZERO’s digital asset finance function to Fiat account continues to expand

TZERO Markets clients will be able to fund their accounts after converting BTC, ETH or USDC to Fiat

NEW YORK, September 27, 2021– (BUSINESS WIRE) – tZERO, a leader in blockchain innovation and liquidity for digital assets, has announced that its private digital security trading platform will now allow clients to fund their brokerage accounts using bitcoin (BTC) and ethereum (ETH) from October 5, 2021, in addition to USD Coin (USDC), which is already supported. With this technological improvement, users will be able to sell their BTC and / or ETC through their third-party deposit accounts and cryptocurrency wallets, and efficiently transfer the proceeds from fiat USD to their tZERO Markets brokerage account. This feature precedes tZERO’s expected merger of the private digital security and cryptocurrency user experience to create a first cross-asset UX experience in Q4 2021.

TZERO Interim CEO and General Counsel Alan Konevsky said: “tZERO Markets clients will be able to use our digital asset for fiat account funding function with the two largest market cap cryptocurrencies, bitcoin and ethereum. . This is a great achievement as we look to continue to improve our customer experience, which includes continuing to extend this functionality to a variety of cryptocurrencies so that users can fund their accounts with their currency preference. “

All tZERO Markets clients will have access to this enhanced functionality. Through the user interface of tZERO Markets, a user will have access to a third party application of a custodian bank. In the application of the custodian bank and subject to any third party fees of the custodian, the user will be able to open a custodian bank account, deposit BTC and / or ETH into their custodian account, convert their crypto assets into fiat, then deposit the fiat into their brokerage account, which can be used for trading in securities on tZERO ATS.

Notice to Investors

Investors should note that trading in securities could involve substantial risk, including no guarantee of return, costs associated with selling and buying, no guarantee of liquidity, which could affect price and capacity. of sale, and a possible loss of invested capital. In addition, an investment in a single security could mean a lack of diversification and, therefore, higher risk. Potential investors are encouraged to consult a professional advisor regarding the economic, tax, legal or other consequences of trading in securities as described herein.

No offer, solicitation, investment advice or recommendation

This press release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy or a recommendation for any security, nor an offer to provide investment advice or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to a specific security constitutes a recommendation to buy, sell or hold that security or any other security. Nothing in this press release should be construed as a solicitation or an offer to buy or sell any security, futures contract, option or other financial instrument or to offer or provide investment advice or service to anyone in any jurisdiction. Nothing in this press release constitutes investment advice or offers an opinion as to the suitability of any security, and the opinions expressed in this press release should not be construed as advice to buy, sell or hold any security. ‘a title. In preparing the information contained in this press release, we have not taken into account the investment needs, objectives and financial situation of any particular investor. This information does not take into account the specific investment objectives, financial situation and special needs of any specific recipient of such information and the investments discussed may not be suitable for all investors. All opinions expressed in this press release by us have been prepared based on information available to us at the time these opinions were written. Modified or additional information could cause these views to change. All information is subject to possible corrections. Information can quickly become unreliable for a variety of reasons, including changes in market conditions or economic circumstances.

Forward-looking statements

This press release contains forward-looking statements. In addition, from time to time, tZERO, its subsidiaries or representatives may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections regarding future events, which are derived from information currently available. These forward-looking statements relate to future events or future performance, including financial performance and projections; revenue and profit growth; and business prospects and opportunities. You can identify forward-looking statements by those which are not historical in nature, particularly those which use terms such as “may”, “should”, “expects”, “anticipates”, “considers”, “believes”. “,” Estimate, “” plans “,” projected “,” predicted “,” potential “or” hope “or the negative of these terms or the like. In evaluating these forward-looking statements, you should take into account various factors, including, but not limited to: the ability of tZERO and its subsidiaries to change direction; tZERO’s ability to keep pace with new technologies and changing market needs; and competition. These and other factors may cause actual results to differ materially from any forward-looking statements. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by tZERO, its subsidiaries or their respective representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions. tZERO, its subsidiaries and representatives are under no obligation to publicly update or revise any forward-looking statement, whether due to uncertainties and assumptions, the forward-looking events described in this press release and other statements made by from time to time by tZERO, its subsidiaries or representatives may not occur.

About tZERO

tZERO Group, Inc. (tZERO) and its brokerage subsidiaries provide an innovative liquidity platform for businesses and private assets. We offer institutional quality solutions to issuers who wish to digitize their capital table using blockchain technology and trade on a regulated alternative trading system. tZERO, through its broker-dealer subsidiaries, democratizes access to private assets by providing a simple, automated and efficient trading platform for broker-dealers, institutions and investors. For more information on tZERO, please visit https://www.tzero.com/.

tZERO is not a registered broker, funding portal, underwriter, investment bank, investment adviser or investment manager, and does not provide brokerage, investment banking or trading services. underwriting, recommendations or investment advice to anyone, and does not provide any brokerage service. tZERO does not take part in the negotiation or execution of transactions on the secondary market for the purchase or sale of securities and does not at any time have possession of funds or securities of investors in connection with such transactions.

About tZERO Markets

tZERO Markets, LLC is an SEC registered broker and a member of FINRA and SIPC. You can find more information on tZERO markets at https://brokercheck.finra.org/. The digital securities available on the tZERO Markets platform are conventional securities without certificate. The ownership of these securities is reflected in the traditional books and records of regulated market participants. The term “digital” refers to the elements of a security’s blockchain technology that aim to enhance the investor experience through increased transparency.

About tZERO ATS

tZERO ATS, LLC is an SEC registered brokerage and a member of FINRA and SIPC. You can find more information about tZERO ATS at https://brokercheck.finra.org/. Digital securities traded on tZERO ATS are conventional securities without certificate. The ownership of these securities is reflected in the traditional books and records of regulated market participants. The term “digital” refers to the elements of a security’s blockchain technology that aim to enhance the investor experience through increased transparency.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210927005245/en/

Contacts

tZERO
Alexandra Sotiropoulos, + 1-347-293-1416
[email protected]


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Michael J. Birnbaum

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