tZERO plans NYSE American listing via $350M SPAC deal
Digital securities firm tZERO plans to go public through a $350 million SPAC deal. It intends to list on NYSE American under the ticker TZRO early next year. For traders, it is a sign that blockchain-based trading firms are moving toward public markets.
Why it matters
- The planned listing would put tZERO's shares on NYSE American under TZRO.
- The public listing route is a $350 million SPAC deal.
- tZERO has spent more than a decade building blockchain-based trading infrastructure.
What to watch next
Watch for progress on the SPAC deal and the confirmed listing date for TZRO on NYSE American early next year.
