Partnership Plans to Bring Liquidity to Eqvista’s Network of 3,500+ Seed-Stage to Pre-IPO Companies
tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today that it has signed an agreement with Eqvista, an integrated, cloud-based equity management platform with over 3,500 issuers ranging from seed-stage to pre-IPO companies. This partnership is intended to introduce Eqvista’s clients seeking tokenization services and/or secondary liquidity to an innovative, regulated venue like the tZERO ATS (Alternative Trading System), a FINRA member broker-dealer.
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tZERO CEO Saum Noursalehi stated, “We are thrilled to partner with Eqvista and connect with its robust network of clients looking for technology services and a secondary liquidity solution. Our top priority continues to be to increase tZERO’s exposure to high-quality companies that are interested in a path to secondary trading through digital securities, and this announcement will help drive this goal forward.”
Eqvista is a sophisticated equity management software that allows companies, investors, and shareholders to easily and effectively track, manage, and make intelligent decisions about their companies’ equity. Its aim is to ease the current system for share management, cap tables, and company filings to enable companies to focus on what really matters to their businesses.
Eqvista Founder and CEO Tomas Milar said, “As more companies remain private longer and have complex capital structures, Eqvista brings an advanced equity management software solution that simplifies the way companies handle their ownership. Our partnership with tZERO is a natural extension in supporting our clients by providing access to tZERO, a market leader in technology solutions for secondary liquidity.”
tZERO is a technology firm with the goal of democratizing access to private capital markets. tZERO is a subsidiary of Medici Ventures, the blockchain-focused, wholly owned subsidiary of Overstock.com, Inc. (NASDAQ:OSTK).
About tZERO
tZERO Group, Inc. and its broker-dealer subsidiaries (tZERO) provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system. tZERO democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. For more information on tZERO, please visit https://www.tzero.com/.
tZERO is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser or investment manager, and is not providing brokerage, investment banking or underwriting services, recommendations or investment advice to any person, and does not provide any brokerage services. tZERO takes no part in the negotiation or execution of secondary market transactions for the purchase or sale of securities and at no time has possession of investor funds or securities in connection with such transactions.
About tZERO ATS
tZERO ATS, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. More information about tZERO ATS may be found at https://brokercheck.finra.org/. Digital securities that trade on tZERO ATS are conventional uncertificated securities. Ownership of such securities is reflected on the traditional books and records of regulated market participants. The term "digital" refers to the blockchain technology elements of a security that are intended to enhance investor experience through added transparency.
About Eqvista
Being a sophisticated equity management software, Eqvista permits company founders, shareholders, and investors to record and make smart decisions about the equity of their company. All companies from pre-IPO companies to seed-stage companies can manage their equity electronically. Eqvista valuation experts also specialize in audit defensible 409A valuations, as they are NACVA certified to perform 409A valuations.
Investor Notice
Investors should note that trading securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, no assurance of liquidity, which could impact the price and ability to sell, and possible loss of principal invested. Further, an investment in single security could mean lack of diversification and, consequently, higher risk. Potential investors are urged to consult a professional adviser regarding any economic, tax, legal or other consequences of trading any securities as described herein.
No Offer, Solicitation, Investment Advice or Recommendations
This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.
Forward-Looking Statements
This release contains forward-looking statements. In addition, from time to time, tZERO, its subsidiaries, or its representatives may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which is derived from currently available information. Such forward-looking statements relate to future events or future performance, including financial performance and projections; growth in revenue and earnings; and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including, without limitation: the ability of tZERO and its subsidiaries to change the direction; tZERO’s ability to keep pace with new technology and changing market needs; and competition. These and other factors may cause actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or their respective representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions. tZERO, its subsidiaries, and its representatives are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or its representatives might not occur.
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Contacts
tZERO
Media Contact
Alexandra Sotiropoulos, +1-347-293-1416
asotiropoulos@tzero.com
Investor Contact
Michael Mougias, +1-347-293-1248
mmougias@tzero.com
Eqvista
Founder and CEO
Tomas Milar
tom@eqvista.com