tZERO Achieves Record Results in August 2020 The tZERO ATS Traded $22.0M in Digital Securities; Total Crypto App Users Grew by 11% Over the Prior Month
tZERO, a leader in financial innovation and liquidity for private companies, announced today several records achieved in August 2020.
The tZERO ATS, operated by a wholly-owned broker dealer subsidiary of tZERO, recorded its strongest month ever in August 2020. It traded over 2.3M digital securities, a 21x increase compared to August 2019, and transacted nearly $22.0M of securities, exceeding the previous record of $7.6M set in July. Year-to-date through August, the total volume of shares traded on the tZERO ATS has increased by over 300% compared to the same period last year, and the total dollar volume for the same period is likewise up roughly 684%.
The tZERO Crypto app, separately operated by tZERO’s subsidiary, tZERO Crypto, Inc., increased its user base by over 11% last month, the highest monthly account increase to date. Through August 31, 2020, user growth is up 143% for 2020. The tZERO Crypto app also had its most transactions by both total amount and dollar value since the app launched in June 2019.
https://ca.finance.yahoo.com/news/tzero-achieves-record-results-august-124400727.html