Global exchange and clearinghouse operator Intercontinental Exchange (ICE) is launching a strategic investment in blockchain innovation and liquidity company for digital assets tZERO.
tZERO operates an SEC-regulated Alternative Trading System (ATS) while aiming to democratize access to capital markets, uniting issuers and financial firms seeking a transparent, automated and digital marketplace with investors interested in access to unique private assets, public stocks, cryptocurrencies and non-fungible tokens (NFTs).
Alongside ICE’s tZERO investment, David Goone, a veteran member of ICE’s leadership team and current Chief Strategy Officer, is joining tZERO as its next CEO and is expected to serve on the tZERO Board of Directors.
“David Goone was present at many of ICE’s defining moments and transactions over two decades, a key player on our leadership team as we built our trading, clearing and data infrastructure and our class-leading product line. world, and has been a steward of our problem-solving culture,” said ICE Founder, President and CEO Jeff Sprecher. “David’s leadership and mastery of trading, data and will be a major asset as tZERO embarks on its next chapter by leading the growth and adoption of next-generation market infrastructure.”
Authorities noted that Goone developed and managed many of the company’s product lines during his tenure at ICE.