Blockchain Firm tZero Eyes 2026 IPO Amid Surge in Crypto Public Listings

tZero Group, a New York–based blockchain infrastructure firm focused on tokenized securities and real-world assets, is preparing to go public in 2026, marking another major step in the growing wave of crypto-related ￰0￱ Takeaways: tZero plans a 2026 US IPO, betting on the rising demand for tokenized securities and regulated blockchain ￰1￱ Alan Konevsky confirmed talks with banks and hinted at a new funding round as the company prepares its market ￰2￱ could unlock a $400 trillion opportunity, with analysts projecting the RWA market to reach $16 trillion by ￰3￱ company announced plans on Monday to pursue a US listing, signaling confidence in the expanding market for asset tokenization and regulated blockchain ￰4￱ in 2014, tZero enables firms to raise capital and trade tokenized securities under ￰5￱ laws, bridging traditional finance with blockchain-based ￰6￱ Weighs Bank Partners and New Funding Ahead of IPO Chief Executive Alan Konevsky told Bloomberg that tZero is in discussions with multiple banks to determine an ￰7￱ firm, which employs slightly over 50 people and has yet to turn a profit, may also seek an additional funding round before its ￰8￱ far, tZero has raised around $200 million, with the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, among its ￰9￱ company said its public listing plan underscores a belief that tokenization will reshape capital markets by enabling faster, more transparent, and global ￰10￱ converts real-world assets such as stocks, real estate, or currencies into blockchain-based digital tokens that can trade around the clock.

We’re pleased to be featured in @Bloomberg : “Tokenized Securities Market tZERO Is Readying 2026 IPO.” As CEO @Alan_Konevsky shared, @tZERO is preparing for its next phase – a planned IPO in 2026 – as we continue advancing regulated, blockchain-powered infrastructure for… — tZERO (@tZERO) October 27, 2025 In a recent research, Web3 digital property firm Animoca Brands said that tokenization of RWAs could unlock a $400 trillion traditional finance ￰11￱ researchers Andrew Ho and Ming Ruan said the global market for private credit, treasury debt, commodities, stocks, alternative funds, and bonds represents a vast runway for growth. “The estimated $400 trillion addressable TradFi market underscores the potential growth runway for RWA tokenization,” they wrote.

Meanwhile, according to the 2025 Skynet RWA Security Report, the market for tokenized RWAs could grow to $16 trillion by ￰12￱ IPOs Gain Momentum Last month, BitGo officially filed for an initial public offering , becoming the first dedicated crypto custodian to pursue a listing on a US stock exchange. BitGo’s IPO filing came amid renewed momentum for crypto-related public ￰13￱ digital asset space has seen several notable public listings in ￰14￱ issuer Circle made a splash with its IPO in June, surging more than sevenfold since going ￰15￱ trading platform Etoro , which offers crypto trading among its services, debuted in ￰16￱ addition, Galaxy Digital, led by Mike Novogratz, moved its listing from the Toronto Stock Exchange to Nasdaq earlier this year.

Gemini, the exchange founded by the Winklevoss twins, filed confidentially for a ￰17￱ in June, signaling strong market confidence in crypto exchanges going ￰18￱ recently, Figure Technology Solutions Inc., a blockchain-focused lending platform, raised $787.5 million in its initial public ￰19￱ San Francisco-based company, alongside key backers including Ribbit Capital, sold 31.5 million shares at $25 apiece, valuing the firm at roughly $5.3 ￰20￱ targeting a lower range, Figure increased both the share count and price just days before the listing, signaling strong investor demand.