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.
This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security. It does not constitute investment advice or an offer to provide investment advisory services. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security. Nothing in this release should be considered a solicitation or offer to buy or sell any security, future, option, or other financial instrument or to offer or provide any investment advice or service. The information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient, and investments discussed may not be suitable for all investors. Any views expressed were prepared based upon information available at the time and are subject to change. All information is subject to possible corrections and may quickly become unreliable due to changes in market conditions or economic circumstances.
This release contains forward-looking statements based on expectations and projections about future events. Such statements relate to future events or performance, including financial performance and projections, growth in revenue and earnings, and business prospects and opportunities. You can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these terms. In evaluating these forward-looking statements, consider various factors, including tZERO’s ability to change direction, keep pace with new technology and changing market needs, performance of individual transactions, regulatory developments, and competition. These and other factors may cause actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions. tZERO is not obligated to publicly update or revise any forward-looking statement. This press release is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security. The securities described are subject to qualification by the U.S. Securities and Exchange Commission under Regulation A+ (Tier 2) and have not yet been qualified. No money or other consideration is being solicited, and if sent in response, will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement is qualified, and any such offer may be withdrawn or revoked without obligation or commitment at any time before notice of its acceptance given after the date of qualification. A person’s indication of interest involves no obligation or commitment of any kind.
