American Marconi Wireless News - tZERO Announces Leadership Transition

SALT LAKE CITY, UT / ACCESS Newswire / September 4, 2025 / tZERO, a pioneer in blockchain innovation for the financial markets, announced today that it has appointed Alan Konevsky as Chief Executive Officer and member of the board, effective immediately. Konevsky, previously the company's EVP and Chief Legal and Corporate Affairs Officer, succeeds David Goone, who previously served as CEO and board member.

"We express our appreciation to David for his contributions to streamlining our operations, expense management and architecture," said Matt Mosman, Chairman of tZERO's Board of Directors and General Partner at Pelion Venture Partners, which manages the Medici Ventures Fund.

"As we enter our next phase of development, we are confident in Alan's leadership," continued Mosman. "His deep footprint in the digital asset industry and strategic vision will drive tZERO toward focused and accelerated execution."

Konevsky stated, "I am grateful to the board and our investors, and thank David. tZERO is a unique company at a unique moment. Blockchain is our DNA. We saw the promise of digitally-native financial markets when few did. We built a unique broker-dealer led regulated platform to support tokenized assets end-to-end, from capital raising to trading and custody. We developed valuable IP and commercialized digital securities when few could. We fortified cutting-edge innovation with financial industry credibility, and blue-chip backers. Now, the political headwinds we braved became tailwinds, as digital assets entered secular adoption globally. We must be a leader - driven, visible, focused and accountable. I and the tZERO team will work with our board, investors and partners to deliver aggressively, and with urgency and transparency."

Konevsky joined tZERO in December 2018. He served as tZERO's interim Chief Executive Officer in 2021-22. He is a board member of Lynq, the real-time, interest-bearing settlement network for digital assets, and other ventures. Konevsky brought to tZERO over two decades of global experience in financial services, payments, technology and strategy across senior roles at Mastercard, Goldman Sachs, and Sullivan & Cromwell. Konevsky graduated magna cum laude from Harvard Law School and summa cum laude from Columbia College.

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About tZERO

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 digitize their capital table through blockchain technology, and make such equity available for trading on an 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. All technology services are offered through tZERO Technologies, LLC. For more information, please visit our website.

About tZERO Digital Asset Securities

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. It operates in accordance with the SEC's statement, dated December 23, 2020, regarding the Custody of Digital Asset Securities by Special Purpose Broker-Dealers. 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

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.

Investor Notice

Digital asset securities, as well as any particular investment, may not be suitable or appropriate for everyone. Investors should note that investing or trading in securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, and no assurance of liquidity which could impact their price and investor's ability to sell, and possible loss of principal invested. There is always the potential of losing money when you invest in securities. There are also unique risks specific to digital asset securities, including, without limitation, fraud, manipulation, theft, and loss.

No Offer, Solicitation, Investment Advice or Recommendations

This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.

Forward-Looking Statements

This release contains forward-looking statements. In addition, from time to time, tZERO, its subsidiaries, or its representatives may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which is derived from currently available information. Such forward-looking statements relate to future events or future performance, including financial performance and projections; growth in revenue and earnings; and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including, without limitation: the ability of tZERO and its subsidiaries to change the direction; tZERO's ability to keep pace with new technology and changing market needs; performance of individual transactions; regulatory developments and matters; and competition. These and other factors may cause actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or their respective representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions. tZERO, its subsidiaries, and its representatives are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or its representatives might not occur.

SOURCE: tZERO Group, Inc.

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X.Karnes--AMWN