tZERO, a leader in financial innovation and liquidity for private companies, announced today that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an Alternative Trading System (ATS), has completed a technology integration with Refinitiv, one of the world’s largest providers of financial markets data and infrastructure and formerly Thomson Reuters’ Financial and Risk business. This integration allows Refinitiv’s client base of institutions and broker-dealers to see the fundamental (Level 1) market data on the digital securities that trade on the tZERO ATS.
According to its website, Refinitiv serves over 40,000 institutions in over 190 countries, providing leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community - driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime.
tZERO CEO Saum Noursalehi stated, “Our overarching focus is on driving adoption of digital securities. Today’s announcement is exciting as it helps broaden awareness of these types of securities, as more financial services professionals are able to easily access tZERO ATS market data through Refinitiv’s robust network.”
tZERO is a technology firm with the goal of democratizing access to private capital markets. tZERO is a subsidiary of Medici Ventures, the blockchain-focused, wholly owned subsidiary of Overstock.com, Inc. (NASDAQ:OSTK).