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Tokenization Firm tZERO Plans to Go Public Through $350 Million SPAC Deal
(4 hours ago) · 1 source · Summarized by CryptoBipto
tZERO, a company focused on tokenizing securities, has announced plans to go public through a special purpose acquisition company (SPAC) merger valued at approximately $350 million. The deal would make tZERO a publicly traded company, giving it access to public capital markets.
WHY IT MATTERS
Tokenization is the idea of turning traditional financial assets — like shares of stock or pieces of real estate — into digital tokens that live on a blockchain.
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SOURCES
- coindesk.com
RELATED
TokenizationSPACPublic MarketsSecurities
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