tZERO Receives Approval to Offer Retail Access to Tokenized Mutual Funds

NEW YORK, NY – December 2, 2025: tZERO Group Inc., a leading innovator in blockchain-powered multi-asset infrastructure, today announced that its broker-dealer subsidiary, tZERO Securities, has received approval from the Financial Industry Regulatory Authority (FINRA) to act as a retailer of open-end investment companies – commonly known as mutual funds – including tokenized mutual funds.

This approval marks a meaningful expansion of tZERO’s regulatory portfolio, enabling the firm to offer a broader range of investment products to everyday investors. tZERO Securities can now integrate tokenized mutual fund products into its retail platform, offering investors continuous subscription and redemption opportunities through a regulated broker-dealer interface.

“This approval aligns with our vision for a connected, multi-asset ecosystem that bridges traditional finance and Web3 – particularly the cross-asset interoperability and efficiency that tokenized fund products provide,” said Alan Konevsky, Chief Executive Officer of tZERO.

Becoming a retailer for mutual funds is an incremental step in furtherance of tZERO’s broader mission of delivering a muti-asset platform to its customers, creating new opportunities to bring yield-oriented products to retail investors, alongside its existing product offering. It also enhances tZERO’s ability to support settlement infrastructure using a retail money market product, similar to its collaboration with Lynq, for which tZERO Securities serves as the broker-dealer operator of an interest-bearing settlement network designed for institutional clients.

“This approval accelerates our growth strategy and broadens the range of investment products we can deliver,” said Mike Diedrichs, SVP and Head of Sales of tZERO. “The expanded access supports our long-term vision for fully integrated digital markets and positions tZERO to lead the next phase of evolution in investment infrastructure.”

tZERO Securities is open to working with prospective fund sponsors and asset managers to bring tokenized mutual fund products to its platform.