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FINRA Approves tZERO to Trade Corporate Debt via Tokenization Platform

tZERO Securities has received approval from FINRA to conduct secondary market trading of corporate bonds on its Alternative Trading System, expanding its digital securities offerings.

Summary

tZERO Securities, a broker under tZERO Group, has received approval from FINRA to conduct secondary market trading of corporate bonds on its Alternative Trading System (ATS). This approval extends the company’s previous authorization for primary bond issuance, stock trading, and digital securities processes.

Terms & Concepts
  • Tokenization: The process of converting the rights to an asset into a digital token on a blockchain.
  • Corporate Debt: Bonds or other debt securities issued by companies to raise capital from investors.
  • FINRA: The Financial Industry Regulatory Authority, a U.S. self-regulatory organization overseeing brokerage firms and exchange markets.