tZERO Group, Inc., a blockchain-based financial infrastructure firm, announced a funding round on September 14, 2026, led by Marc and Max Cohodes. The round includes participation from existing investors Intercontinental Exchange, Inc. (NYSE: ICE), Bill Fleckenstein, and support from partner Dinari, Inc., among others. Neighborhood Intelligence also committed to support the financing, with its portion contingent on tZERO announcing a binding agreement for a strategic transaction such as a change of control, asset sale, or merger with a SPAC or another entity.
The financing is part of tZERO's long-term capital plan to fuel growth as it works toward a strategic transaction and advances its infrastructure-as-a-service (IaaS) offering for tokenized securities and other assets. tZERO's solutions integrate tokenization, trading, custody, and asset servicing, helping financial institutions bring blockchain-based assets to market through regulated infrastructure. This matters because it signals continued institutional interest in tokenized financial markets and provides tZERO with resources to commercialize its technology, potentially accelerating the adoption of blockchain-based assets in traditional finance.
Alan Konevsky, Chief Executive Officer of tZERO, said, "This funding supports tZERO's operations and execution as we work to position the Company for capital independence and continue to commercialize and expand the infrastructure for tokenized financial markets. We are grateful to our participating investors for their confidence in our business."
Marc Cohodes, lead investor in the round, commented, "This is my third investment round in tZERO over the last eight years. I believe that tZERO has never been in a stronger position or better managed and has a leading robust pipeline for its infrastructure services with a range of institutional clients. I cannot be more proud of Alan and his team and look forward to tZERO continuing to work to become one of the most important companies in the next era of financial markets."
The round brings together shareholders and strategic partners with a shared interest in tZERO's long-term development. Their participation provides a foundation for the company to deepen institutional relationships and pursue opportunities, including expansion into tokenized and other derivatives, prediction markets, and spot crypto infrastructure-as-a-service with its upcoming CFTC licenses, as well as to bridge to an independent footprint. This strategic positioning could enable tZERO to capitalize on the growing demand for regulated digital asset services and compete in the evolving landscape of financial market infrastructure.
tZERO Group, Inc. and its broker-dealer subsidiaries offer an innovative liquidity platform for private companies and assets, providing institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology. The company's broker-dealer subsidiaries democratize access to private assets by providing a simple, automated, and efficient trading venue for broker-dealers, institutions, and investors. All technology services are offered through tZERO Technologies, LLC. For more information, visit tZERO's website.
tZERO Digital Asset Securities, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. It serves as the broker-dealer custodian of all digital asset securities offered on tZERO's online brokerage platform. Digital asset securities may not be "securities" under the Securities Investor Protection Act (SIPA), and protections afforded to securities customers under SIPA may not apply. More information about tZERO Digital Asset Securities may be found on FINRA's BrokerCheck.
tZERO Securities, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC, operating the tZERO Securities ATS. tZERO Transfer Services, LLC is a transfer agent registered with the SEC, and more information may be found on the SEC's EDGAR at https://www.sec.gov/search-filings.
Investors should note that digital asset securities and any particular investment may not be suitable for everyone. Investing or trading in securities involves substantial risks, including no guarantee of returns, costs associated with selling and purchasing, and no assurance of liquidity, which could impact price and investors' ability to sell, and possible loss of principal. There are unique risks specific to digital asset securities, including fraud, manipulation, theft, and loss.
