Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG.\n--\nThis week, David Goone CEO of tZERO joins the show for a discussion on the next big trend he is seeing within capital markets. We discuss David's time at the ICE exchange, acquisition as a growth strategy, the development of online trading, how to unlock liquidity for alternative assets & more. Enjoy!\n--\nFollow tZERO on Twitter https://x.com/tZERO\nFollow VanEck on Twitter https://twitter.com/vaneck_us\nFollow Jack Farley on Twitter https://twitter.com/JackFarley96\nFollow Forward Guidance on Twitter https://twitter.com/ForwardGuidance\nFollow Blockworks on Twitter https://twitter.com/Blockworks_\n--\nTimestamps:\n(00:00) Introduction\n(08:20) The Shift From LIBOR To SOFR\n(16:05) VanEck Ad\n(16:45) Acquisition As A Growth Strategy\n(22:16) The Growth Of Electronic Trading\n(24:57) What Is tZERO?\n(36:43) What Is A Security?\n(38:47) Providing Liquidity For Venture Capital & Private Equity\n(48:53) Aspen Hotel Resort Offering\n(56:20) Building A Brand & Reputation As An Alternative Exchange\n--\nDisclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.