AI and Blockchain Expert Joins tZERO Board to Drive Digital Transformation Strategy

tZERO Group, Inc., a leading innovator in blockchain-powered multi-asset infrastructure, announced that Shobhit Khandelwal has been appointed to its Board of Directors. Khandelwal brings deep expertise in technology strategy, distributed systems, and applied artificial intelligence to tZERO's board as the company works to deliver on its reset of strategic priorities and objectives following the appointment of Alan Konevsky as its Chief Executive Officer. This appointment signals tZERO's intensified focus on integrating advanced technologies into regulated financial infrastructure.

As founder and CEO of ShyftLabs, a global data and AI product company, and Carter, a privacy-first retail media platform, Khandelwal has built and scaled advanced analytics solutions for enterprises across retail, government, and healthcare sectors. His extensive experience working with tZERO's investors and partners, including Bed Bath & Beyond, Inc., positions him to bridge technical innovation with practical business applications. Alan Konevsky, CEO of tZERO, emphasized the strategic importance of this appointment, stating that Khandelwal's fluency with disciplines central to building compliant, high-performance marketplaces and experience integrating AI and data-driven automation into regulated environments will help transform, scale and deepen collaboration with shareholders and strategic partners.

Khandelwal's addition to the board reinforces tZERO's focus on bridging blockchain innovation, regulatory integrity, and technical excellence. He will provide guidance on how emerging technologies including AI, data interoperability, and tokenization frameworks can further enhance tZERO's product roadmap and global reach. Matt Mosman, Chairman of the Board of tZERO and Partner at Pelion Venture Partners, noted that having someone with Khandelwal's technical depth and product vision adds tremendous value at this inflection point for tZERO. His experience scaling data-driven organizations will help guide tZERO as it continues building the institutional infrastructure to support tokenized assets and other on-chain financial products.

Marcus Lemonis, Executive Chairman and Principal Executive Officer of Bed Bath & Beyond, Inc., tZERO's largest investor, welcomed Khandelwal to the board, highlighting his expertise in scalable architectures and emerging technologies. Khandelwal's background includes leadership roles at Citigroup, Walmart, and Jet.com, where he specialized in embedding intelligence and automation into enterprise operations. His educational foundation from Columbia University complements his practical industry experience. tZERO's pioneering work in blockchain and tokenization for capital markets provides institutional-grade technology and a regulated marketplace for the issuance, trading, and settlement of digital securities and other real-world assets. By combining compliance, security, and automation, tZERO is redefining how private capital is raised, traded, and owned in the digital age. For more information about tZERO's broker-dealer operations and regulatory compliance, investors can visit FINRA's BrokerCheck platform.