tZERO Group, Inc. has achieved a major regulatory milestone with the Financial Industry Regulatory Authority (FINRA) granting approval to its broker-dealer subsidiary, tZERO Securities, LLC, to facilitate corporate debt trading on its alternative trading system (ATS). This approval, announced on September 24, 2025, enables tZERO to expand beyond equities into fixed-income products, marking a significant step in bridging traditional finance with blockchain-based digital marketplaces.
The approval allows tZERO to offer secondary market trading for corporate debt, complementing its existing primary offerings and equity trading capabilities. This development positions tZERO as a comprehensive multi-asset platform, integrating traditional debt securities with blockchain technology to enhance liquidity for corporate issuers and explore tokenized debt instruments. By addressing illiquidity and opacity in traditional debt markets, tZERO aims to cater to rising demand for diversified, digitized assets.
Alan Konevsky, CEO of tZERO, emphasized the strategic importance, stating, "This is a significant step forward for tZERO and its market-leading broker-dealer platform for offerings, trading, and custody of tokenized securities in the U.S." Alex Vlastakis, President of tZERO Securities, added that the move provides issuers and investors with secondary liquidity options and aligns with growing interest in tokenized real-world assets.
The FINRA approval signals a broader shift in capital markets, validating blockchain's role in improving transparency and efficiency. It reinforces regulatory acceptance of digital asset platforms and could accelerate mainstream adoption of tokenized assets, from real estate to structured products.