The integration of tZERO Group, Inc.'s blockchain-powered multi-asset infrastructure with PandoAlts' digital alternative investment interoperability layer represents a significant step toward modernizing how institutional and qualified investors access private markets. This partnership directly connects tZERO's broker-dealers to the PandoAlts allocator network, enabling real-time indications of interest from institutional users while surfacing available assets to allocators seeking exposure.
Alan Konevsky, CEO of tZERO, stated that this partnership addresses a historical gap in the alternatives market by establishing a direct line between allocator demand and asset supply. By integrating with PandoAlts' IOI network, tZERO strengthens its institutional distribution reach while providing issuers access to verified, real-time investor interest. This collaboration aims to move private markets toward scalable, modern infrastructure by replacing fragmented sourcing and opaque workflows with institutional-grade connectivity.
PandoAlts operates a demand-driven order management system where allocators submit IOIs for specific alternative exposures, bringing public market execution concepts into private markets. The company does not execute transactions or act as a broker-dealer, with all transactions effected directly through registered broker-dealers or directly with issuers. Cash Lafferty, Founder and CEO of PandoAlts, explained that allocators are increasingly explicit about desired exposures, and PandoAlts provides infrastructure to translate that demand into executable workflows that can be digitally ingested by investor reporting tools at wealth management firms.
The integration aligns with tZERO's broader strategy to serve as a connectivity layer across tokenized and traditional assets, combining regulated brokerage, trading, custody, and tokenization capabilities with PandoAlts' institutional distribution channels. For PandoAlts, onboarding tZERO as a broker partner reinforces its mission to deliver neutral, institutional-grade infrastructure for alternatives while expanding its network of market participants. More information about tZERO Digital Asset Securities may be found on FINRA's BrokerCheck, and additional details about tZERO Securities are available through the same regulatory resource.
This development could enhance price discovery and support allocators in meeting best execution obligations by standardizing demand visibility and normalizing post-trade data into wealth managers' systems of record. The partnership creates a new connective layer between allocators, brokers, and issuers that provides clear visibility into real-time allocator demand across alternative asset classes including private markets, private credit, real assets, and structured investments.
