tZERO Completes New Round of Financing Led by Marc and Max Cohodes

The security token trading platform tZERO has announced the completion of a new round of financing, led by existing investors Marc and Max Cohodes, with participation from Intercontinental Exchange (ICE), investor Bill Fleckenstein, and partner Dinari. Neighborhood Intelligence has also committed to supporting this round of financing, with some funds to be provided when tZERO announces a binding strategic transaction agreement, which may include a change of control, the sale of a substantial portion of assets, or a merger with a SPAC or other entity. This financing will be used to support tZERO's ongoing infrastructure development and serve as a transition for the company towards independent operations.

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