Cryptocurrencies
NYSE Owner Gets on Board With Crypto-Powered Revamp of Trading
- A senior ICE executive is also becoming CEO of tZero
- TZero offers digital securities for companies like Overstock
A pedestrian passes in front of the New York Stock Exchange (NYSE) in New York.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
TZero’s mission to remake U.S. stock trading into a blockchain-powered business just got a prominent new ally: the owner of the New York Stock Exchange.
Intercontinental Exchange Inc., NYSE’s parent, has purchased a stake in tZero, according to a Tuesday statement. ICE Chief Strategy Officer David Goone will become tZero’s new chief executive officer next month.