Digital asset broker tZERO completes strategic financing, led by the Intercontinental Exchange (ICE) in the United States
According to ChainCatcher, digital asset broker tZERO has completed strategic financing, led by the Intercontinental Exchange (ICE), with participation from Overstock.com, blockchain fund Medici Ventures, L.P., among others. The investment terms have not been disclosed.ICE has become an important minority shareholder in tZERO, and the financial impact of the transaction will not have a significant effect on ICE, nor will it affect ICE's capital return plan. In addition, current ICE Chief Strategy Officer David Goone will join tZERO as its next Chief Executive Officer and will serve on tZERO's board of directors.It is reported that tZERO operates in the digital asset space as an alternative trading system (ATS) and broker-dealer regulated by the SEC. (Business Wire)