tZERO Group, Inc., a blockchain-powered multi-asset infrastructure company, has appointed Shobhit Khandelwal to its Board of Directors. The appointment comes as tZERO works to deliver on its reset of strategic priorities following Alan Konevsky's appointment as Chief Executive Officer. Khandelwal brings deep expertise in technology strategy, distributed systems, and applied artificial intelligence to the board at a critical juncture for the company's digital transformation.
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 includes working with tZERO's investors and partners, including Bed Bath & Beyond, Inc. This background positions him to provide valuable guidance as tZERO evolves its technology stack and expands its multi-asset digital infrastructure both in the United States and globally.
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 his experience integrating AI and data-driven automation into regulated environments will help the company transform, scale, and deepen collaboration with shareholders and strategic partners. The move reinforces tZERO's focus on bridging blockchain innovation with regulatory integrity and technical excellence.
Khandelwal's addition to the board represents a significant step in tZERO's efforts to enhance its product roadmap and global reach through emerging technologies. He will provide guidance on how artificial intelligence, data interoperability, and tokenization frameworks can further strengthen tZERO's position in the digital asset landscape. Matt Mosman, Chairman of the Board of tZERO and Partner at Pelion Venture Partners, noted that Khandelwal's technical depth and product vision add tremendous value at this inflection point for the company.
Marcus Lemonis, Executive Chairman and Principal Executive Officer of Bed Bath & Beyond, Inc., tZERO's largest investor, highlighted Khandelwal's expertise in scalable architectures and emerging technologies as bringing a valuable new dimension to the board. Khandelwal's professional background includes leadership roles at Citigroup, Walmart, and Jet.com, where he specialized in embedding intelligence and automation into enterprise operations. He holds a degree from Columbia University.
tZERO operates as a pioneer in blockchain and tokenization for capital markets, providing institutional-grade technology and a regulated marketplace for the issuance, trading, and settlement of digital securities and other real-world assets. The company's broker-dealer subsidiaries, including tZERO Digital Asset Securities, LLC and tZERO Securities, LLC, are registered with the SEC and members of FINRA and SIPC. More information about these entities can be found on FINRA's BrokerCheck at https://brokercheck.finra.org. By combining compliance, security, and automation, tZERO aims to redefine how private capital is raised, traded, and owned in the digital age.
