Intercontinental Exchange Announces Strategic Investment decision in tZERO Team, Inc.

NEW YORK & ATLANTA–(Enterprise WIRE)–Intercontinental Trade, Inc. (NYSE:ICE), a leading operator of world-wide exchanges and clearing properties and supplier of property finance loan engineering, facts and listings solutions, introduced currently that it is generating a strategic investment in tZERO, a leader in blockchain innovation and liquidity for digital property. In link with ICE’s expense in tZERO, David Goone, a longtime member of ICE’s administration crew and at present ICE’s Chief Technique Officer, will sign up for tZERO as its future Chief Government Officer and will provide on tZERO’s Board of Directors.

Goone, who joined ICE in 2001, will proceed to serve ICE and its Chairman and CEO, Jeff Sprecher, in a consulting capacity.

“David Goone was present at several of ICE’s milestone times and discounts above two many years, a vital player on our management team as we built our planet-class investing, clearing and knowledge infrastructure and merchandise line, and has been a steward of our issue-resolving culture,” reported Jeff Sprecher, Founder, Chairman and CEO of Intercontinental Exchange. “David’s leadership and his mastery of buying and selling, knowledge, and clearing know-how will be a large asset as tZERO starts its following chapter primary the advancement and adoption of next-technology industry infrastructure.”

In the course of his tenure at ICE, Goone produced and managed numerous of the company’s solution strains and oversaw ICE Benchmark Administration, which has administered LIBOR and the world gold and silver fixings. He has served on lots of of ICE’s subsidiary trade boards and represents ICE on many sector boards, including the Depository Believe in Clearing Company (DTCC), Possibilities Clearing Corporation (OCC), and the Nationwide Futures Affiliation (NFA). Goone also served as Vice Chairman of CETIP S.A. till its merger with B3 exchange in Brazil.

tZERO, via a wholly owned subsidiary, operates an SEC-controlled different

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