tZERO Plans 2026 IPO as Tokenization Gains Traction in Finance

tZERO Group Inc., the blockchain-based securities marketplace backed by Intercontinental Exchange (ICE), is preparing for a public listing in 2026. CEO Alan Konevsky confirmed early-stage discussions with investment bankers, though underwriters remain unselected. The firm—which employs 50+ staff and operates at a loss—may pursue pre-IPO funding to bolster its position.

Since its 2014 founding, tZERO has raised $200 million, including through its own tokenized securities offering. Its infrastructure tracks real-world assets on distributed ledgers, aiming to inject transparency into traditional markets. "We've built the credibility needed for this milestone," Konevsky stated.

The MOVE coincides with Wall Street's accelerating embrace of tokenization. Financial institutions are increasingly blockchain-enabling stocks, bonds, and real estate to unlock efficiency gains—a trend tZERO's IPO will test as a bellwether for institutional adoption.