tZero plans to raise $200 million and go public in 2026: betting on the $400 trillion opportunity in the RWA sector.

The New York blockchain infrastructure company tZero Group officially announced plans to conduct an IPO in the United States in 2026, marking a new phase in the wave of crypto-related IPOs. As a pioneer focused on security tokens and the tokenization of real-world assets (RWA), tZero has raised approximately $200 million in funding, supported by heavyweight investors such as the Intercontinental Exchange (ICE). This article will delve into tZero's path to listing, the $400 trillion opportunities in the tokenization market, and the future landscape of the accelerated integration of blockchain finance and traditional capital markets.

Company Background and Listing Plan: From Compliance Foundation to New Journey in the Capital Market

Development History and Business Positioning

tZero was founded in 2014 and has been dedicated to providing blockchain-based financing and security token trading services for businesses within the framework of U.S. securities regulations. As a bridge connecting traditional finance with blockchain systems, the company has a first-mover advantage in compliance construction:

• Regulatory Compliance: Strictly adhere to US securities regulations in conducting business.
• Technical Accumulation: Nearly a decade of technological accumulation in the blockchain financial infrastructure field.
• Ecological Layout: Build a complete system for the issuance and circulation of security tokens.

Listing Preparation and Capital Planning

CEO Alan Konevsky revealed to Bloomberg that tZero is in discussions with several banks to determine underwriting arrangements. Although the company is currently not profitable and has only about 50 employees, the IPO plan demonstrates the management's strong confidence in the business outlook:

• Financing Needs: A new round of financing may take place before the official listing.
• Capital Endorsement: Has obtained renowned institutional investments including Intercontinental Exchange, the parent company of the New York Stock Exchange.
• Time Node: Clearly pointing to completing the US listing by 2026

Tokenization Market Opportunities: Reshaping the $16 Trillion Capital Landscape

The explosive potential of RWA tokenization

According to the latest research by Animoca Brands, the tokenization of real-world assets (RWA) is expected to unlock a $400 trillion traditional financial market. Researchers Andrew Ho and Ming Ruan point out that the tokenization in areas such as private credit, government bonds, commodities, stocks, alternative funds, and bonds holds significant growth potential.

Market Size and Growth Expectations

The Skynet RWA Security Report in 2025 predicts that the tokenization of the RWA market will reach a scale of $16 trillion by the 2030s. This forecast is based on the following driving factors:

• Efficiency Improvement: Blockchain technology enables faster and more transparent global transactions.
• Liquidity Release: Traditional low liquidity assets gain new life through tokenization.
• Compliance Progress: The regulatory framework is gradually improving to pave the way for industry development.

The Wave of Crypto Financial IPOs: An Important Indicator of Industry Maturity

2025 crypto company IPO boom

tZero's listing plan is not an isolated case, but rather an important manifestation of the cryptocurrency industry entering the mainstream capital market:

• BitGo: The first crypto custody institution to submit an IPO application.
• Circle: The stock price soared more than seven times after its listing in June.
• Galaxy Digital: From the Toronto Stock Exchange to NASDAQ
• US CEX: Secretly submitted US IPO application in June

Market confidence and capital recognition

Figure Technology Solutions Inc.'s recent IPO case fully proves the market's enthusiasm for blockchain companies. This blockchain-focused lending platform raised $787.5 million by issuing 31.5 million shares, with a company valuation of approximately $5.3 billion. The decision to increase the offering size and price at the last moment before the listing highlights the strong demand from investors.

Strategic Significance and Industry Impact: The Turning Point of Blockchainization in Traditional Finance

The multiple significances of tZero's listing

tZero's choice to go public in 2026 has far-reaching industry implications:

• Milestone Value: Security token trading platform enters the public capital market for the first time
• Compliance Demonstration: Provide compliance development path reference for other blockchain financial enterprises.
• Market Education: Popularizing the concept of tokenization to a broader investment community.

The integration of traditional finance and blockchain is accelerating.

tZero's listing plan reflects a deeper integration trend between traditional financial infrastructure and Blockchain technology:

• Institutional Participation: Traditional exchanges and financial institutions are investing in blockchain.
• Regulatory Collaboration: Explore innovative business models within the existing regulatory framework.
• Ecosystem Co-construction: Build a complete ecosystem connecting traditional capital and blockchain innovation.

Conclusion

The journey of tZero towards the public market is not only a milestone in the development of a company but also an important sign of the maturity of the entire digital asset industry. Amid the grand narrative that tokenization may reshape the global financial infrastructure, tZero's listing plan provides the market with a crucial window to observe the integration process of traditional finance and Blockchain.

For investors, tZero's IPO will be a rare opportunity to participate in the disruptive trend of security tokenization. For the industry, this event will accelerate the process of traditional financial assets being put on the blockchain, pushing blockchain technology from marginal innovation to financial mainstream.

As 2026 approaches, whether tZero can successfully land in the turbulent capital market and turn its vision into tangible business success is worth our continued attention. But one thing is certain: regardless of the outcome, the wave of tokenization is unstoppable, and tZero is one of the most important surfers in this wave.