Digital security marketplace tZERO ATS has started trading Myra Park, a property development in Dallas, Texas.
Myra Park is being developed by MarketSpace Capital and is said to be the first security to commence trading on tZERO ATS following the launch of its self-clearing operations.
Investors with an account at tZERO Markets may now trade the Myra Park digital security.
Alan Konevsky, tZERO’s Executive Vice President and Chief Legal and Corporate Affairs Officer, said they are pleased to expand their private digital securities offering and look forward to continuing to increase the assets trading on the platform.
MarketSpace Capital is a real estate private equity firm that has invested in 20+ developments and investments throughout the U.S. totaling over $480 million of assets under management.
The Spot @ Myra Park is a 250-unit active adult living community that is expected to be completed in Q4 2022. Equity is being turned into a digital security using the Ethereum blockchain.
MarketSpace Capital co-founder Sohail Hassan said the project is just the beginning of their work in digitizing MarketSpace Capital’s investments.
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