ICE taps tZERO for NYSE tokenized securities platform
ICE taps tZERO for NYSE tokenized securities platform
ICE and tZERO signed agreements covering platform design, financing, patent licensing and potential collateral applications.tZERO will help develop transfer-agent and broker-dealer infrastructure supporting on-chain settlement for tokenized securities markets.ICE will invest in tZERO’s financing round, although both companies withheld the investment’s value publicly.NYSE’s planned platform still requires regulatory approvals before offering round-the-clock trading and immediate blockchain settlement.tZERO says its licensed portfolio contains 103 patents across 23 families covering tokenized-market infrastructure globally.