tZERO Group, Inc., a blockchain-powered multi-asset infrastructure innovator, announced on December 18, 2025, that it is working with FINRA on a request to support end-to-end issuance and secondary trading services for non-security crypto assets. This move represents a significant step in tZERO's broader plan to build a unified, interoperable digital asset ecosystem that connects regulated market infrastructure with blockchain-native execution, settlement, and custody.
The application leverages tZERO's existing regulated footprint, including its status as one of only two broker-dealers permitted to custody digital asset securities directly on chains in wallets it operates. The company's years of experience in tokenized securities and on-chain custody uniquely position it to deliver this next evolution. Key components of the proposed service include integrated issuance for primary crypto asset offerings, dual custody options (self-hosted or custodial wallets via tZERO Digital), multi-venue routing and execution across tZERO's ATS, third-party exchanges, liquidity providers, and decentralized protocols, as well as on-chain settlement with atomic locking and smart-contract-driven transfers.
Alan Konevsky, CEO of tZERO, stated, "This step is another milestone in our long-term convergence strategy and our leadership with on-chain operations as a broker-dealer. We envision a future where all asset types – crypto, RWAs, equities, stablecoins, predictive markets, derivatives and other asset types – leave their silos and converge and interact on unified blockchain/smart contract rails." He added that the infrastructure built for non-security crypto services will also bolster digital asset securities offerings, including plans to support public tokenized stock with end-to-end on-chain infrastructure.
Vanessa Savino, Chief Legal Officer, emphasized the initiative's support for user-choice in custody, open connectivity across market venues, and on-chain settlement that reduces friction while maintaining regulatory integrity. tZERO's legal and regulatory initiatives continue to drive this vision forward.
This development is important as it signals a move toward a global, 24/7 market structure built on interoperability and automation, potentially bridging the gap between traditional regulated finance and the rapidly evolving digital asset space. By integrating non-security crypto services within a regulatory framework, tZERO aims to reduce fragmentation and enhance efficiency across the digital asset lifecycle.
For more information about tZERO, visit their website. The press release is available on NewMediaWire.
