Blockchain Registration Transaction Record

tZERO & North Capital Launch Agora: First Network to Connect Private Securities ATSs

tZERO and North Capital launch Agora, the first network connecting Alternative Trading Systems for tokenized & private securities to unlock market liquidity.

This development matters because it directly addresses a major inefficiency in the multi-trillion dollar private securities market. Historically, these markets have been highly fragmented, with assets trapped on isolated trading platforms, limiting investor access and constraining liquidity. By creating interoperable infrastructure, Agora has the potential to significantly increase market efficiency, reduce trading frictions, and unlock capital that was previously inaccessible or illiquid. For institutional investors and advisors, this means broader access to investment opportunities and potentially better pricing. For the broader financial ecosystem, it represents a critical step toward modernizing private market infrastructure, leveraging blockchain and tokenization not just as novel features but as foundational technologies for a more open and connected capital market. The success of such networked models could accelerate the maturation of private markets, making them more competitive with public exchanges and ultimately benefiting companies seeking capital and investors seeking diversified portfolios.