Tokenization infrastructure company tZERO plans to go public through a SPAC merger with a $350 million valuation.

TechFlow reports that on November 2, according to CoinDesk, digital securities and tokenization infrastructure company tZERO plans to merge with special purpose acquisition company FG Imperii Acquisition Corp. (FGII) to go public. The transaction sets a pre-money valuation for tZERO at $350 million, with expected SPAC trust funds of up to $231 million, depending on shareholder redemptions and transaction fees.The combined company plans to list on NYSE American in early 2027 under the ticker symbol TZRO. The deal remains subject to shareholder and regulatory approval.Since 2014, tZERO has been operating in the blockchain securities space, with its regulated subsidiaries providing digital securities trading, brokerage, custody, and transfer agency services. Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is one of its investors and has selected tZERO to participate in the design of the NYSE's blockchain securities trading platform.