TZero Group, a New York-based blockchain infrastructure company specializing in tokenized securities and real-world assets, has announced plans to go public in 2026.
The company on Monday revealed plans for an initial public offering (IPO) in the United States. Founded in 2014, tZero helps companies raise capital and trade securities on blockchain-based platforms, including private placements, under U.S. securities laws.
CEO Alan Konefsky told Bloomberg that TZero is in talks with several banks but has not yet selected an underwriter. He said tZero, which has just over 50 employees and is not yet profitable, may also pursue additional funding rounds before going public.
Tokenization is the process of converting real-world assets such as fiat currencies, stocks, and real estate into digital tokens on a blockchain that can be traded online 24/7.
tZero said its initial public offering reflects its view that asset tokenization plays a central role in making capital formation and cross-border transactions more efficient.
The company also has tokenized shares listed and has raised about $200 million, Konevsky said. Intercontinental Exchange, owner of the New York Stock Exchange (NYSE), is an investor in tZero.
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Cryptocurrency IPO Wave Build
Clarifying regulations in the US, including the passage of the GENIUS Act in July and the Trump administration’s pro-crypto stance, are encouraging more crypto companies to go public or prepare to go public.
Stablecoin issuer Circle debuted on the New York Stock Exchange in June with a blockbuster IPO of more than $1.05 billion. The stock soared 167% on its first day of trading.
CoinDesk’s parent company, cryptocurrency exchange Bullish, also listed on the NYSE in August.
Another cryptocurrency company that went public this year is Gemini. The exchange, founded by Cameron and Tyler Winklevoss, made its trading debut on the Nasdaq in September after raising its IPO valuation a few days earlier.
sauce: cointelegraph
Additionally, Kraken is reportedly aiming to go public in 2026. The company raised $500 million at a $15 billion valuation in September amid growing speculation of a 2026 IPO.
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