tZERO Group, Inc., a leader in blockchain-based financial infrastructure, and Archax, the UK/EU-regulated digital asset platform, today announced that Archax’s $GOVY tokenised US Treasury Bill product will be available for distribution to US qualified purchasers through tZERO’s SEC-registered and FINRA-member broker-dealer and custodial infrastructure for tokenised assets later this year.
The collaboration will mark the first time $GOVY – which provides direct, legally enforceable entitlement to short-term treasuries with embedded on-chain settlement, custody and delivery functionality – will be available to US qualified purchasers. Distribution will be facilitated through tZERO’s regulated brokerage ecosystem, providing a compliant pathway for US institutional investors to access government yield via tokenised infrastructure, subject to tZERO’s due diligence and final approval.
The announcement builds on the recent Archax launch of $GOVY, as well as on the strategic partnership between Archax and tZERO announced last year, which established a framework for distributing digital securities and tokenised real-world assets across both platforms in the US, UK and EU.
“The US represents the largest addressable market for tokenised government securities, and working with tZERO gives $GOVY a regulated, institutional-grade route into that market,” said Graham Rodford, CEO and co-founder of Archax. “tZERO’s infrastructure – including their SEC- and FINRA-regulated broker-dealer and digital custody capabilities – is ideally suited to distribute $GOVY to US institutional investors who want direct exposure to T-Bills without the friction of traditional settlement cycles.”
“$GOVY is exactly the kind of product our platform was built to support – an institutional-quality tokenised asset that delivers real yield with operational simplicity,” said Alan Konevsky, Chairman and Chief Executive Officer of tZERO. “By distributing $GOVY through our infrastructure, we will give US institutional investors seamless exposure to a tokenised treasuries product while demonstrating the power of cross-border collaboration between regulated venues that is at the heart of the global convergence promise of financial asset tokenisation. This is the follow-the-sun model in action.”
The $GOVY token provides US qualified purchasers continuous exposure to short-term treasuries removing the operational complexity of managing, rolling and settling short-term treasury positions. Investors may redeem $GOVY for stablecoins or the underlying T-Bill at any time.
Key Features for US Institutional Investors
- Dual-regulated Infrastructure
Archax is authorised by the UK Financial Conduct Authority; tZERO operates an SEC-registered and FINRA-member broker-dealer, SEC-regulated ATS and is a qualified custodian for digital assets. - Operational Simplicity
Continuous exposure to short-term treasuries via a single token, with no manual roll management required. Subscriptions and redemptions are processed on-chain. - Institutional-Grade Custody
tZERO’s digital asset broker-dealer providing US-regulated custodial capabilities. - 24/7 Subscriptions and Redemptions
$GOVY is issued initially on Ethereum, Hedera and Stellar, with support for other blockchains to follow.
The US distribution of $GOVY will represent a significant milestone in the Archax–tZERO partnership and demonstrates how regulated venues in different jurisdictions can collaborate to expand investor access to tokenised real-world assets. Further product launches across additional currencies – including £GOVY (GBP) and €GOVY (EUR) – are planned.
For more information on GOVY, visit https://govy.finance/.
About Archax
Archax is a UK/EU regulated digital asset platform targeted at professionals and institutions. Archax has bases in the UK, EU, US and UAE.
Founded by experts from traditional capital markets, Archax supports all types of digital assets – from unregulated cryptocurrencies through to regulated tokenised real-world assets (RWAs).
Archax also covers the full digital lifecycle from token issuance and fundraising through to trading and custody.
Archax provides the global, regulated on-chain capital markets infrastructure that allows traditional financial markets participants to bridge into the digital/crypto/DeFi space.
For more information, visit www.archax.com or contact media@archax.com.
About tZERO
About tZERO Group, Inc.
tZERO Group, Inc. (tZERO) and its broker-dealer subsidiaries provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitise their capital table through blockchain technology, and make such equity available for trading on an alternative trading system. tZERO, through its broker-dealer subsidiaries, democratises access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. All technology services are offered through tZERO Technologies, LLC. For more information, please visit our website.
About tZERO Digital Asset Securities, LLC
tZERO Digital Asset Securities, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. It is the broker-dealer custodian of all digital asset securities offered on tZERO’s online brokerage platform. Digital asset securities may not be “securities” as defined under the Securities Investor Protection Act (SIPA)-and in particular, digital asset securities that are “investment contracts” under the Howey test but are not registered with the Securities and Exchange Commission are excluded from SIPA’s definition of “securities”-and thus the protections afforded to securities customers under SIPA may not apply. More information about tZERO Digital Asset Securities may be found on FINRA’s BrokerCheck
About tZERO Securities, LLC
tZERO Securities, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. It is the operator of the tZERO Securities ATS. More information about tZERO Securities may be found on FINRA’s BrokerCheck.
