tZERO acknowledges Beyond’s request to explore public listing options

Published 22/07/2025, 20:56
© Reuters.

Investing.com -- tZERO has acknowledged receiving a letter from Beyond, Inc. (NYSE:BYON) requesting the blockchain company evaluate options to become publicly listed.

Alan Konevsky, tZERO’s Executive Vice President and Chief Legal & Corporate Affairs Officer, confirmed on X: "We have acknowledged to Marcus Lemonis the receipt of his letter to the tZERO board of directors. The board will be considering the merits of the proposal set out in the letter from Beyond."

The letter, sent by Beyond’s Executive Chairman and Principal Executive Officer Marcus Lemonis, suggested tZERO should explore becoming a listed company through an initial public offering, direct listing, or special purpose acquisition company on the New York Stock Exchange.

Beyond owns retail brands including Bed Bath & Beyond (OTC:BBBYQ), Overstock, and Buy Buy Baby, along with a blockchain asset portfolio that includes tZERO holdings. The company pointed to tZERO’s regulatory infrastructure and recent token offerings as factors supporting the timing for a public listing.

In the letter, Beyond highlighted tZERO’s position as one of two U.S. broker-dealers with SEC/FINRA-approved digital asset custody capabilities and end-to-end blockchain-based trading services. ICE, the parent company of NYSE, led tZERO’s most recent capital raise.

The letter requested tZERO’s board authorize due diligence for a NYSE listing, engage advisors to evaluate potential pathways, and launch investor outreach to validate valuation expectations.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.