tZERO, a leader in financial innovation and liquidity for private companies, announced today it has signed an agreement with Tynton Capital, a venture capital and private equity firm, to provide digitization services for its planned data infrastructure technology fund, which will be issued on the Tezos Blockchain. The fund has a planned offering size of $300 million USD and is expected to trade on the tZERO ATS, following its offering and any applicable regulatory holding periods and confirmatory due diligence.
Founded by Jeffery Thomas, Tynton Capital is a wholly owned subsidiary of Tynton Group, an innovation, funding, and venturing platform focused on the application of technology to transform society. Tynton promotes businesses that deliver sovereign data solutions and brings over twenty years’ experience of the digital economy together with the know-how and a global network to accelerate the growth of digital businesses. The Tynton team previously founded Ark Data Centers, the UK’s leading data center platform, and UKCloud, the sovereign cloud provider.
tZERO CEO Saum Noursalehi stated, “We are excited to partner with Tynton Capital to digitize its innovative digital infrastructure fund. Creating access to unique growth investments like this aligns with our mission, and we look forward to collaborating with Tynton on the digitization and trading of future funds.”
The digital infrastructure fund is intended to provide investment capital to accelerate the growth and market reach of innovative businesses, advance the digital economy, build resilience, and leverage the value of sovereign data. Tynton Capital is being advised by Megalodon, and Gawah Holdings Inc. is a general partner.
Tynton Group & Tynton Capital Founder Jeffrey Thomas commented, “In the midst of the evolution of the digital society, we are excited to partner with tZERO and Tezos on our first digital infrastructure fund. We believe that tZERO is at the forefront of financial innovation and liquidity for private companies.”
tZERO is a technology firm with the goal of democratizing access to private capital markets. tZERO is a subsidiary of Medici Ventures, the blockchain-focused, wholly owned subsidiary of Overstock.com, Inc. (NASDAQ:OSTK).
tZERO Group, Inc. and its broker-dealer subsidiaries (tZERO) 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 democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. For more information on tZERO, please visit https://www.tzero.com/.
tZERO is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser or investment manager, and is not providing brokerage, investment banking or underwriting services, recommendations or investment advice to any person, and does not provide any brokerage services. tZERO takes no part in the negotiation or execution of secondary market transactions for the purchase or sale of securities and, at no time, has possession of investor funds or securities in connection with such transactions.
tZERO ATS, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. More information about tZERO ATS may be found at www.finra.org. Digital securities that trade on tZERO ATS are conventional uncertificated securities. Ownership of such securities is reflected on the traditional books and records of regulated market participants. The term “digital” refers to the blockchain technology elements of a security that are intended to enhance investor experience through added transparency.
tZERO ATS, LLC operates the alternative trading system known as the tZERO ATS and has the right to determine which digital securities may be traded on the tZERO ATS by its subscribers, in its sole and absolute discretion. In order to promote a fair, orderly, and efficient platform for the trading of securities on the tZERO ATS, tZERO ATS, LLC conducts due diligence of each digital security proposed to be traded on the tZERO ATS, as well as the issuer of those securities. tZERO ATS, LLC has not completed its due diligence on the securities referenced in this press release and there is no guarantee that the securities will qualify for trading on the tZERO ATS or that any broker-dealer subscriber to the tZERO ATS will make a market or otherwise facilitate secondary trading of the securities on the tZERO ATS. No investor should rely upon this press release as evidence that a secondary market or any liquidity for the securities will exist.
Tynton Group (Tynton) is an innovation, funding, and venturing platform focused on the application of technology to transform society. Tynton has established an ecosystem of enterprises that deliver secure, sovereign solutions for the UK public sector; through the engagement of citizens and the trusted collection, management, and analysis of data. Tynton’s aim is to improve society through better economic and environmental outcomes. Tynton initiates, invests, and scales sovereign solutions that demonstrate best practice in governance, security, and privacy to deliver the building blocks of a trusted and prosperous digital economy.
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