– USA, NY – tZERO Group, Inc., (OTC: TZROP), a leader in financial innovation and liquidity for private companies, today announced the appointments of Edwin Marcial and Michael Blaugrund to its Board of Directors.
Blaugrund’s appointment is in conjunction with a significant minority investment by ICE and follows the appointment of David Goone as tZERO’s CEO.
Marcial and Blaugrund have capital markets expertise complementary to tZERO’s Board of Directors, positioning the company for further growth and innovation in the blockchain marketplace.
tZERO’s Board is now composed of six directors, including:
- Matt Mosman, Chairman of tZERO’s Board of Directors and General Partner at Pelion Venture Partners,
- David Goone, CEO at tZERO,
- Chris Campbell, Chief Strategist at Kroll,
- John Jacobs, former EVP and CMO of Nasdaq.
“I am delighted to welcome two new, highly talented senior business leaders to our Board, bringing decades of capital markets expertise,” said CEO, David Goone. “In terms of building businesses, with Edwin’s strong technology background and Michael’s in-depth knowledge in financial services, these new Board members will help shape tZERO’s long-term success.”
About Edwin Marcial
Marcial is the former founding CTO and SVP for ICE. He drove the innovation of ICE technology for eighteen years from a six-person startup to a $25B company. Under Marcial’s technical leadership, ICE had tremendous success, including a record IPO in 2005, the highest performing trading platform in the futures industry, and the acquisition of the New York Stock Exchange in 2013. Marcial left ICE in 2014.
Today, Marcial is CEO of Thirteen Castles Digital, a software development firm that builds custom systems for early-stage companies. Marcial also advises and invests in several early-stage software companies, including SnapNurse, Loyal Health, BetterCloud, and Leaf Logistics.
Marcial is also the creator and host of techrides.io, a web-based video series where he tells the inspiring stories of business leaders while riding in an interesting car.
“I am thrilled to join tZERO’s Board of Directors as the company strives to democratize access to capital markets and establish more efficient, accessible, and transparent marketplaces through blockchain technology,” said Edwin Marcial. “I believe there are significant opportunities to create value, and I look forward to working with the Board to strengthen tZERO’s position and to bring my experience and expertise in leading technology teams, and architecting and developing software systems to the tZERO team.”
Marcial holds a B.A. in Computer Science from the University of Florida’s College of Engineering.
About Michael Blaugrund
Blaugrund is COO of the New York Stock Exchange, a wholly-owned subsidiary of ICE. He is responsible for the NYSE’s five equity and two options markets, as well as the Securities Industry Automation Corporation.
Most recently, Blaugrund was Director of Business Development at Tower Research Capital, where he focused on expanding the firm’s global market access and developing strategic assets. Before that role, Blaugrund led U.S. equity product strategy at Nasdaq and held product management roles at Thomson Reuters.
“tZERO is a pioneer in digital capital markets and its proprietary technology stack, experienced leaders, and regulatory focus position it well for future innovation,” commented Michael Blaugrund. “I look forward to helping the company achieve its full potential as it continues to grow and scale its offerings.”
Blaugrund graduated from Harvard University and is a Chartered Financial Analyst.
About tZERO
tZERO Group, Inc. and its broker-dealer subsidiaries provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system. tZERO, through its broker-dealer subsidiaries, democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. tZERO is a portfolio company of Medici Ventures, L.P., a blockchain-focused fund. The general partner of that fund is an entity affiliated with Pelion Venture Partners. Overstock.com, Inc. (NASDAQ: OSTK) is a limited partner of Medici Ventures, L.P. and holds a direct minority interest in tZERO.
For more information: https://www.tzero.com/
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