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Tzero Accelerates Leadership In Digital Innovation With The Appointment Of Ice Executive David Goone As New Chief Executive Officer And Strategic Funding Round Led By Intercontinental Exchange

PRIVATEFeb 22, 2022

Round Type

Funding Round

New YorkCommerce and ShoppingFinancial ServicesPayments

Description

tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today it will appoint David Goone, currently the Chief Strategy Officer of Intercontinental Exchange, Inc. (NYSE: ICE), to become tZERO’s new Chief Executive Officer. Related to Goone’s appointment, tZERO also announced that it has completed an additional strategic funding round from new and existing investors. Participants in the financing include NYSE parent company ICE, which will become a significant minority shareholder of tZERO, Overstock.com, Inc

Quick answer

T Zero raised an undisclosed amount in a Funding Round round, dated February 22, 2022. T Zero is based in New York, United States.

How much did T Zero raise?
T Zero raised an undisclosed amount in a Funding Round round on February 22, 2022.
What does T Zero do?
tZERO Group, Inc. (tZERO) and its broker-dealer subsidiaries provide an innovative liquidity platform for private companies and assets.
Where is T Zero based and how big is it?
T Zero is based in New York, United States.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and Financial Services around the same time

Companies in the same sectors as T Zero that raised within 45 days of this round, from Fundz verified event records.

  • Lendable raised $274M (Funding Round) on March 10, 2022.
  • Paerpay raised $3M (Seed) on March 9, 2022.
  • Swoosh Transfer raised an undisclosed amount (Funding Round) on April 8, 2022.
  • Bitcoin raised $2.1M (Seed) on April 5, 2022.
  • Liquid MarketPlace raised $10M (Funding Round) on April 5, 2022.
  • Tortoise raised $2.3M (Seed) on April 4, 2022.

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Company Information

Company

T Zero

Location

New York, United States

About

tZERO Group, Inc. (tZERO) and its broker-dealer subsidiaries provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through 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 venue to broker-dealers, institutions, and investors. tZERO is a portfolio company of Medici Ventures, L.P., a blockchain-focused fund. The general partner of that fund is an entity affiliated with Pelion Venture Partners. Overstock.com, Inc. (NASDAQ:OSTK) is a limited partner of Medici Ventures, L.P. and holds a direct minority interest in tZERO. For more information on tZERO, please visit https://www.tzero.com/.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.