The Observer2025

I don't think members of the community, who have been with you for years, doubt the plethora of licenses, TMs & patents you have in your possession. What frustrates us is the fact their value has yet to be reflected in a concrete and exciting way. In the meantime our competitors are making big moves and noise in a world where perception is everything. Yes, you may be operating in stealth mode and, one day, surprise us all. We all have invested interests to root for you and are with you 100%. However, In the meantime, none of that calms our nerves. 🤞☮️😊

It is simply untrue to state that tZERO operates under a limited or narrower regulatory framework. As a recap, here is tZERO’s regulatory footprint: - SEC-Registered Broker-Dealer: Licensed to act as a placement agent, underwriter (best-efforts), mutual fund retailer, online retailer, and/or broker for equity, debt, or investment contracts, including any type of the foregoing that is tokenized, self-clearing, and a correspondent clearing firm (we also have a pending application to act as a treasuries broker). - Alternative Trading System (ATS): For traditional and tokenized securities. -SEC-Registered Special Purpose Broker-Dealer (SPBD): A regulatory designation that none of the above-listed companies have, which is licensed to take direct custody of tokenized securities on the blockchain (no-third party custodian needed) on a fully disclosed and omnibus basis. -SEC-Registered Transfer Agent. -Exempt Reporting Adviser (ERA) in Utah for advisory services (the same designation Securitize has in Florida). -Pending CFTC DCM/DCO Licenses: For event contracts and crypto trading. -Pending CFTC Introducing Broker License: For order routing and solicitation of derivative contracts. One cannot distinguish themselves from tZERO by claiming a broader regulated footprint for tokenized securities, because we have end-to-end regulatory coverage. This isn’t a dig at any competitor; it is just what is indisputably true about us.

From the Securitze S-4 @Alan_Konevsky it looks like they claim to have a better regulatory framework than @tZERO . This seems worthy of a public response. Your thoughts?

@HumbleandH @tZERO @Alan_Konevsky You mean not being ble to make the quickest u-turn to the nearest bathroom each time you see someone you had encouraged to invest in @tZERO? I would say: still in it and things are looking up. 😂

@tZERO #TZERO #TZROP @Alan_Konevsky : what is the tZERO story today? If you ran into someone at, say, a Thanksgiving dinner and they asked, "What’s the story with tZERO?" minus the drama how would you explain it to someone who isn’t in the token space and isn’t a TZROP holder? wsj.com/articles/compa…

@roily23 @Alan_Konevsky @tZERO Alternative assets vs the blue chip partnership hits me hard as I saw it coming and called it years ago.

A good response for me from @tZERO would be to see SOON a newly launched of a complete revamped ATS platform and other BD's be given access to the platform via all the "connective tissues" we've been hearing about to faciliate liquidity flowing in. Otherwise, all the current issuers on @tZERO, that have not yet listed their tokens, may opt for other platforms with better name recognition and larger user base. I am sure our competitors are working hard, and it is just a matter of time before we hear a big launch that takes us all by surprise. Yes, while tz0 may provide the rails and B2B services with a subscription fee, but not all those clients may stay in business and mergers may/will take place that will undoubtedly reduce revenue. That should be a side gig, not main tz0's revenue source. Whereas, a solid trading platorm in the likes of Coinbase will provide sustained liquidity, especially when we don't have to pay loyalty fees since we built our own platform. I am speaking from experience. I worked for a B2B software costumization company during the dotcom frenzy era. A lot of our clients went out of business and some swallowed into bigger companies. Needless to say that was the end for us as a company. Hope @Alan_Konevsky and @tZERO consider those eventualities and don't rely on their B2B sevices as their main revenue source while neglecting a chance to dominate on all fronts including having a solid trading platform. My 2 cents. A long time investor in @tZERO $TZERO

@TokenAD_ @Securitize @NYSE @tZERO @Alan_Konevsky NYSE just picked a competitor as their foundational partner for the most prestigious venue in U.S. capital markets. Seems like a @tZERO negative so it feels like they have to respond.

🏛️ Congrats to @Securitize & @NYSE on accelerating the inevitable tokenization of everything. @tZERO... time to turn up the heat? Curious to hear @Alan_Konevsky’s take: does this news tilt positive, neutral, or negative for tZERO’s near, medium and long term plans?! $TZROP

Legitimate questions! It was in july 2025 when @marcuslemonis sent the first letter to management requesting options for an IPO be explored. Then in October 2025, about three months later, it was made public underwriters were being vetted to that end. Now, we are on our 6th month since that public announcement, we have no updates in that regards while people are dumping $TZROP as if they know something worse is about to happen. To make matter worse, @BEYON is launching a separate trading entity tokens.com instead of utillizing the existing @tZERO's platform. Let's not even mention this morning's not-so-good-news from @NYSE and Securitize. Yes, we need some serious updates to uplift the spirit of the community. This is the least we deserve at this point, given what's happening around us in the space. Yes, we know about "connective tissues" and partnerships being formed. Yes, as we speak, institutions through @Lynq may be doing well and happy, but nothing concrete for the $TZROP community to point at that reflects the behind-the-scene progress or positively impact $TZROP's value. Morale is low. Give us something soon. Many of us are not multi-millionaires, we are just believers, who invested our hard earned money in the company. Make that worth a while.☮️

@tZERO @MarcusLemonis @Alan_Konevsky — what happened? I’ve been a long-time believer, investor, and advocate of this company. I believed in the vision. I still believe in the tech. But right now, I—and a lot of others—are looking around asking the same question: Did we just watch a massive opportunity get fumbled… or something worse? Let’s talk facts: •You had BSTX + tZERO ATS approved — the first tokenized exchange in the U.S. •ICE steps in. David Goone comes in. Momentum is building… •Then suddenly… everything disappears And right before a massive crypto run… 👉 You shut down the wallet Now we’re watching the NYSE partner with a competitor in the same space tZERO was supposed to dominate? How does that happen? Because from where we sit as shareholders, it looks like: •Either complete mismanagement •Or decisions that need serious explaining And after 3–4 years of believing, supporting, and holding… We deserve answers. Not vague updates. Not silence. Not PR spin. 👉 Why did BSTX and T0 vanish? 👉 Why kill the wallet before crypto exploded? 👉 What is the actual strategy right now? This isn’t just frustration—it’s about trust. tZERO was supposed to lead the future of tokenized markets. Instead, we’re watching others take the lane. As a shareholder: I’m asking—no, demanding—transparency. Because belief only goes so far… Accountability is what keeps investors.

@Alan_Konevsky @tradnup @AlderLaneEggs @Doc3411 @profr33dom @moonracker7447 @marcuslemonis @howardlutnick @Pelion_VP Great! 👍👏

@MaxoGedeon @tradnup @AlderLaneEggs @Doc3411 @profr33dom @moonracker7447 @marcuslemonis @howardlutnick @Pelion_VP End of this month. It’s part of API connectivity for institutional partners. Alongside custody APIs (which already power Lynq) and primary.

$BBBY tZERO.com $TZROP This is surreal @Alan_Konevsky @AlderLaneEggs @marcuslemonis... businesswire.com/news/home/2026…

@Alan_Konevsky @tradnup @AlderLaneEggs @Doc3411 @profr33dom @moonracker7447 @marcuslemonis @howardlutnick @Pelion_VP Were do we stand on this one? "Secondary Trading APIs (coming late 2025/early 2026)". Already delivered? did I miss it or is it coming up soon? Early 2026 is fast disappearing.

We provides a unique, vertically-integrated regulated infrastructure stack that empowers market leaders to bridge operational gaps and scale tokenization rapidly using our rails.  •       We do not grow our business at the expense of our partners and their customers. We are platform, protocol, asset and brand agnostic – our API and white-label driven services can be as visible as invisible as our partners require, we ringfence their assets and customers, while providing turnkey solutions that obviate the need for them to establish (and live with) costly/cumbersome regulatory and operational requirements and costs. •       Our end-to-end regulated platform spans BD services, secondary liquidity products, onchain digital asset custody, digital transfer agent, RIA (forthcoming), tokenization, primary issuance, defi interoperability (incl. forthcoming bring your own wallet and onchain lending connections), Lynq real-time settlement, AI connectors/tools, crypto funding, API/white label access, investor marketing/data services, ancillary services (investor accreditation, onchain ID and voting) and global reach through “follow the sun” partners.    •       tZERO is the core platform that holds this range of regulatory and operational capabilities vs. competition and does not need to rely on inefficient third-party integrations (esp. for onchain custody).  •       As tokenization market structure and regulatory reform settles down, we are adding regulated derivatives marketplaces, clearing and introducing broker capabilities to our infrastructure suite to support growing interest in spot crypto, crypto derivatives and predictive markets support – and a multi-asset front end/app infrastructure that’s available for direct retail customers and B2B2C partners. •       Tokenization is reshaping how markets operate by giving assets a shared digital language so they can trade, settle, and interact seamlessly across platforms, asset classes, and borders – while introducing the efficiency and transparency of single database and smart-contract architecture, and the customization/programmability. •       AI interoperability/other catalysts are likely to make this change broader and faster – and it is occurring in an industry with a shortage of open-ended institutional infrastructure, where regulation and operations are becoming the true moat in face of commodified/easily replicated technology.  •       Most similar market participants (and, until recently, us) focused on developing closed-loop trading ecosystems with limited assets and liquidity vs. serving the needs of a range of partners, allowing them to bring their own products and assets, and grow their own brands and user bases.    •       We are also working with partners to defragment the private securities marketplace and enhance liquidity. •       Realizing diversified revenue streams for a scalable and repeatable service offering is core. Core audiences: •       Broker-dealers/banks without similar capabilities who want to access tokenized ecosystems without a build (at this time)/need a third party to address conflicts/etc. •       Crypto companies looking to diversify with a multi tokenized asset exposure in the US/originate assets. •       Non-US exchanges/cross-border partners looking to enter US markets, looking to cross-list assets and access our US rails. •       Asset managers/partners to tokenize funds/develop on own platforms to diversify distribution and provide liquidity. •       Layer 1/blockchain ecosystems – regulated infrastructure for developers and compliant gateway for DeFi. •       Fintech Platforms – embed our rails on their platform/white label. •       Other ATSs – integrate to defragment secondary liquidity for tokenized assets. •       Individual issuers – raise capital/tokenize capital table/provide secondary. •       RIAs/demand aggregators and partners – access to primary/secondary supply through our rails by originators/partners.

It is one of the situations you don't want to say you saw it coming and how come @tZERO couldn't. Years ago, I wrote a post (maybe on reddit) about @tZERO not focusing enough on traditional assets. Everyone was high on sports, artists, horse betting etc. While the patents & TM's acquired on those potential assets may turn out to be a good thing in the future, but sooner or later, I said, all the existing traditional assets will have to be tockenized and exchanges and B&Ds wouldn't be sitting on the sideline watching things happen and our focus and resources would be better spent being prepared to facilitate those efforts. Now, years later, exactly what i was fearing is hapenning. I don't know what happened in the back room/board room and if the news this morning was inevitable, but I do feel we should have been the one steering this @NYSE ship. That's a big loss. We can't lose one more minute anymore. It is time for the world to know about @tZERO. I thought with the IPO we would have enough resources to launch animated ads on the side lines of the soccer/football fields during this upcoming FIFA World Cup while maybe billions will be watching. Now, we are less than three months away, I am not sure if we will even be ready for that.

@Alan_Konevsky @profr33dom @moonracker7447 @AlderLaneEggs @marcuslemonis @howardlutnick @Pelion_VP Well that's good to hear

Unless @Alan_Konevsky can put a positive spin on this one, it is hard not to see this one as a slap in the face. Early investors put more of their hard earned dollars in $TZROP when it was announced 4 yrs ago @ICE has taken a stake in @tZERO . Rightly so, we thought all @NYSE tokenization efforts would involve @tZERO, especially given the advanced infrastructure, portfolio of patents, TMs and licenses tz0 seems to have established for itself as an advantage. Why would @NYSE choose Securitize in those efforts as opposed to tzO?! We still don't know what happened to BSTX, was the technology transferred? What was really DG's agenda when he was appointed the CEO of @tZERO?! Have "regular Joe's" again been betrayed/deceived in another Wall Street plot?! The tokenization's mentra: give early access to "regular Joe's" so we all can go through the pain together and hopefully reap the rewards that have been until now reserved to the "big boys", will tz0 reaffirm such mentra/belief?! So many unanswered questions which inevitably of course, give rise to speculations - may I say legitimate. Our only hope is that @marcuslemonis remains our watch/fighting dog in this development so our investments don't evaporate like what happened in XYLabs.☮️

@lil_dark_1 If you think it's bad, wait when the gas price reaches $5.00.😂😂

Girls Night Gone Wrong

@lfc_lance That's the longest planned free kick I have ever seen in my life. You mean they worked this on the training ground?!😂😂😂

I mean how?🤯

@grok @phoxjohnson @Sayitpop Exactly. Fake to create racial tension.

@phoxjohnson @Sayitpop Yes, this is a fake story. It's a viral hoax clip circulating on TikTok, Instagram, and Facebook with inconsistent names (Adam Coleman/Sophia Reyes or variations) and no mentions in any credible news outlets, court records, or official reports. Pure rage-bait for views.

A 25 year old man is being sued for $250,000 after helping a woman who fell down the stairs

@Matt_Pinner All of them and you miss 8-track and reeel-to-reel audio tape.😂

6 for me!! I feel confident nobody Has all 20 How many for you?

@marcuslemonis @brenbto @Alan_Konevsky @pratiksshah @tZERO I am a serious believer in tokenization, but so far my experience hasn't been great. My investments in XY Labs got wiped out with a deadly reverse split. Didn't do well in ASPD nor Exodus. My only hope now is $TZROP to continue to believe this isn't another wall stret scam.

Because the Tzero tokens need to be converted into equity. That’s what I want for our Beyond stake in Tzero. We want to become equity. We’ve offered to put in more capital if it’s converted at a rate that is a creative to us. That same would apply for the other holders because someone’s got a fight for that position.

. ⁦@tZERO⁩ Announces Plan to Pursue Public Listing - tZERO.com $bbby tzero.com/press-releases…

@marcuslemonis @brenbto @Alan_Konevsky @pratiksshah @tZERO I am with you on that, Marcus. Yes, we need to fight. For too long we've been waiting and waiting - some of us for over 7 years. That's got to be worth something. It's been 3 quarters since your first letter went out. Let's hope for some good news soon.

@Joshuwa @OfficialXYO @ResiliocsIntel Are you guys part of the scam?! How is that you remain silent on what's happening in regards to that drastic reverse split 10,000 to 1 of XY Labs? I have been buying shares of XY Labs for the last three years or so to find all my money gone by a "rug pull".

The press coverage around @OfficialXYO and $XYO matters because it shows this Resiliocs partnership is landing outside the usual crypto circle. When more outlets pick it up, it means the market is starting to understand this is about verified climate risk data, not just another partnership post. That part matters. Climate analytics means little if the underlying data can’t be traced, checked, and defended later. If XYO can help prove where data came from, when it was captured, and whether it changed, that gives the whole workflow more weight. I think that’s why this story is getting traction. It connects $XYO to a real problem that people in compliance, insurance, and planning already deal with. @OfficialXYO is easier to take seriously when the use case is this clear and the value is this easy to explain. Good coverage helps, but the bigger win is that more people now have a reason to understand what verified data can actually do in the real world.

Wow, the press coverage for XYO's partnership with @ResiliocsIntel has been incredible! 🤩 Thank you to all the publications and journalists who worked with us to spread the word. We'd especially like to thank the teams at Decrypt and CryptoDaily for picking up the story early, enthusiastically, and helping it go viral! Decrypt (@DecryptMedia) — decrypt.co/360116/xyo-and… CryptoDaily (@cryptodailyuk) — cryptodaily.co.uk/2026/03/xyo-pa… Coinmarketcap (@CoinMarketCap) — coinmarketcap.com/headlines/news… MEXC (@MEXC_Official) — mexc.com/en-NG/news/861… AInvest (@AInvestOfficial) — ainvest.com/news/xyo-resil… Coinmarketcal (@CoinMarketCal) — coinmarketcal.com/en/event/resil…

@roily23 @tZERO @JackCambell14 @TokenAD_ @HumbleandH @xylabs Exactly. If you have 30k tokens, you will end up with 3 shares. How is it that even acceptable?! This is why I am raising the issue so others are aware of it and so @tZERO can put in place proper mechanism to protect future investors from scam like that.

@MaxoGedeon @tZERO @JackCambell14 @TokenAD_ @HumbleandH @xylabs 10,000:1 is a death blow to any current holder.

@tZERO @roily23 @JackCambell14 @TokenAD_ @HumbleandH After dumping the tokens until it becomes almost 0, @XYLabs issues a reverse split: 10,000 to 1. Total scam! Can @tZERO put anything in place to prevent future scams by issuers. That won't be good for the industry.

@roily23 @tZERO @JackCambell14 @TokenAD_ @HumbleandH @xylabs From @tZERO: "All XYLB shareholders will become record holders on the controlling books and records of the  issuer’s transfer agent on March 30, 2026. The issuer’s transfer agent will effect the 10,000:1 reverse stock split on March 31, 2026."

@MaxoGedeon @tZERO @JackCambell14 @TokenAD_ @HumbleandH @xylabs Yes XYlab is struggling but not sure there was a 10000/1 RS

@xy_company Based on your reverse split, someone with 5,000 tokens will be doing way better than than if you own 10,000 tokens as I am sure no shares will be worth $10,000 after the split. I will be saving my records for when there is a class action law suit.

An important update for XYLB shareholders from XY Labs CEO Arie Trouw. If you hold XYLB or have followed our work bringing equity on-chain, please take a moment to read this. Full details here: xyo.network/blog/xy-labs-s…