TechFlow news, according to CoinDesk, tokenized securities platform tZERO is exploring business mergers. Michael Mougias, Vice President of Investor Relations at tZERO, said the goal is not to sell tZERO, but to find suitable strategic partners, including taking tZERO public via a special purpose acquisition company (SPAC). In an interview, Mougias stated: "There may be strategic buyers who want to take control of the business or acquire a majority stake, which would result in a change of control……We are already in discussions with several companies that fit this scenario." Earlier reports indicated that three companies (OmniValley, Trellis Platform, and Wunderfundt) have partnered with tZERO to use its securities tokenization platform.
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