tZERO Group recently unveiled a significant update. The blockchain-powered firm’s broker-dealer subsidiary’s alternative trading system (ATS) now enables crypto asset securities trading. Furthermore, customers can directly custody these securities on-chain in their self-hosted wallets.
Thanks to this update, users can now enjoy a streamlined trading experience. Besides, they also have enhanced control and security over their digital assets. By enabling on-chain custody, tZERO is carving a unique niche in the fintech industry. It allows users to keep their private keys, which are essential for managing their digital assets.
In essence, tZERO is merging traditional finance and blockchain technology. It provides a platform for users to trade securities while retaining control of their assets. This step is a significant leap towards decentralization and user control.
Impact of Self-Hosted Wallets Explained
Self-hosted or non-custodial wallets let users hold their private keys. Therefore, users have complete control over their digital assets without depending on third-party services. By facilitating trading of assets directly custodied in these wallets, tZERO enhances user autonomy and security in regulated securities trading.
tZERO’s move signifies a broader trend in the fintech sector towards decentralization. It shows the growing demand for solutions that merge blockchain technology’s benefits with traditional finance’s security and regulation.
By supporting on-chain custody, tZERO solidifies its leadership in the blockchain-powered multi-asset infrastructure space. The firm shows its commitment to offering innovative solutions that improve user trading experience. Additionally, it provides a level of security and control that aligns with blockchain technology’s decentralized ethos.
