tZERO Group’s tZERO Securities will provide broker-dealer and alternative trading system (ATS) services to Temple Digital Group to power Temple’s tokenised securities trading platform on the Canton Network.
Under the agreement, Temple will support its trading technology with tZERO Securities’ regulated operating infrastructure, including client onboarding and transaction services. This lets Temple bring tokenised securities trading to its clients without building its own broker-dealer and ATS capabilities.
“Institutions building tokenised markets need a regulated operating foundation that can work with their technology and business model,” says Alan Konevsky, CEO of tZERO. “Temple has developed one of the most powerful trading systems on Canton. By bringing our broker-dealer and ATS capabilities to that system, we can help Temple deliver its offering to clients while expanding the reach of tZERO’s Infrastructure-as-a-Service footprint as we focus on powering broker-dealers and other financial institutions at scale.”
Temple’s trading system includes a proprietary matching engine, an RFQ module and a central limit order book for tokenised National Market System (NMS) securities and exchange-traded products. It also includes a front-end user interface and settlement infrastructure designed to support atomic delivery-versus-payment and repurchase agreement settlement on Canton. Temple has executed over $1.6B in volume for Canton and is the largest platform by transaction volume on the network.
“We’re focused on developing regulated, on-chain trading technologies for tokenised assets,” says Evan Varsamis, CEO of Temple Digital Group. “Working with tZERO allows us to combine our solutions with an established broker-dealer and ATS operator, providing the regulated infrastructure needed to support securities on our platform at scale.”
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