A leading operator of global exchanges and clearing houses, the Intercontinental Exchange (ICE) has recently unveiled a strategic investment in tZERO, an international leader in blockchain technology for capital markets.
Terms of the Intercontinental Exchange’s recent investment have not been disclosed. According to ICE, the investment will make the company a major minority shareholder in ZERO. In addition, David Goone, the Chief Strategic Officer at ICE, will join tZERO as the company’s next CEO.
Goone, who has been a longtime member of ICE’s management team, will serve on tZERO’s Board of Directors. Listed on the New York Stock Exchange (NYSE), ICE is a Fortune 500 company that provides a variety of services including mortgage technology, listing and data resources.
“David Goone has been present at many of ICE’s milestones and deals for two decades, a key player in our management team as we built our world-class business, cleaning and data infrastructure and product line, and was a manager of our problem-solving culture.” said Jeff Sprecher, Founder, President and CEO of Intercontinental Exchange. “David’s leadership and mastery of business, data and technology cleanup will be of great value as tZERO begins its next chapter guiding the growth and adoption of next-generation market infrastructure.”
ICE saw strong growth in volumes across different platforms in 2021. The operator also started 2022 on a positive note with decent gains in the average daily volume (ADV).
tZERO
tZERO is one of the fastest growing companies in the global blockchain ecosystem. Through a wholly owned subsidiary, tZERO operates an SEC-regulated alternative trading system (ATS) and brokerage in the digital asset space.
“tZERO brings together issuers and financial firms looking for a transparent, automated, digitally enabled marketplace and investors looking for access to unique private assets, public stocks, cryptocurrencies and other digital assets, including non-fungible tokens (NFTs),” ICE noted in its recent release. announcement.
A leading operator of global exchanges and clearing houses, the Intercontinental Exchange (ICE) has recently unveiled a strategic investment in tZERO, an international leader in blockchain technology for capital markets.
Terms of the Intercontinental Exchange’s recent investment have not been disclosed. According to ICE, the investment will make the company a major minority shareholder in ZERO. In addition, David Goone, the Chief Strategic Officer at ICE, will join tZERO as the company’s next CEO.
Goone, who has been a longtime member of ICE’s management team, will serve on tZERO’s Board of Directors. Listed on the New York Stock Exchange (NYSE), ICE is a Fortune 500 company that provides a variety of services including mortgage technology, listing and data resources.
“David Goone has been present at many of ICE’s milestones and deals for two decades, a key player in our management team as we built our world-class business, cleaning and data infrastructure and product line, and was a manager of our problem-solving culture.” said Jeff Sprecher, Founder, President and CEO of Intercontinental Exchange. “David’s leadership and mastery of business, data and technology cleanup will be of great value as tZERO begins its next chapter guiding the growth and adoption of next-generation market infrastructure.”
ICE saw strong growth in volumes across different platforms in 2021. The operator also started 2022 on a positive note with decent gains in the average daily volume (ADV).
tZERO
tZERO is one of the fastest growing companies in the global blockchain ecosystem. Through a wholly owned subsidiary, tZERO operates an SEC-regulated alternative trading system (ATS) and brokerage in the digital asset space.
“tZERO brings together issuers and financial firms looking for a transparent, automated, digitally enabled marketplace and investors looking for access to unique private assets, public stocks, cryptocurrencies and other digital assets, including non-fungible tokens (NFTs),” ICE noted in its recent release. announcement.