FG Imperii Acquisition Corp. filed a Form 425 on November 9, 2026, disclosing a transcript of a CoinDesk interview with tZERO Group, Inc. CEO Alan Konevsky and a social media post regarding tZERO's proposed business combination with FG Imperii.

Key Highlights

  • SPAC valuation disclosed: tZERO announced plans to go public through a SPAC deal valuing the company at $350 million, according to the filing.
  • Subject company: FG Imperii Acquisition Corp. is the subject company, with Commission File No. 001-43056.
  • CFTC approval noted: The filing states that the CFTC approved tZERO as a derivatives clearing organization, enabling the company to move into derivatives and prediction markets.
  • NYSE and ICE partnership: Alan Konevsky stated that the New York Stock Exchange and ICE selected tZERO as a design partner on their tokenization platform.
  • Custody milestone cited: Konevsky stated tZERO was "one of the first two broker-dealers permitted to custody assets on chain going back to 2024."
  • CEO interview venue: The interview took place at the New York Stock Exchange as part of CoinDesk's Public Keys program on November 9, 2026.

tZERO's Proposed Public Listing and Business Combination With FG Imperii

According to the filing, Alan Konevsky, Chief Executive Officer of tZERO Group, Inc., appeared on CoinDesk's Public Keys on November 9, 2026, to discuss tZERO's planned entry into the public markets via a SPAC transaction with FG Imperii Acquisition Corp. The filing, submitted under Rule 425 of the Securities Act of 1933 and deemed filed pursuant to Rule 14a-12 under the Securities Exchange Act of 1934, includes a full transcript of that interview and a related social media post.

Konevsky described tZERO as "one of the most diversified infrastructure providers in the ecosystem," offering what he characterized as end-to-end tokenization infrastructure spanning issuance, secondary trading, custody, and digital transfer agency. He also cited the CFTC's approval of tZERO as a derivatives clearing organization as enabling a "second vertical" covering tokenized derivatives, perpetual futures, and prediction markets. Konevsky said tZERO was "one of the first two broker-dealers permitted to custody assets on chain going back to 2024" and that the New York Stock Exchange and ICE had picked tZERO as one of their design partners on a tokenization platform.

When asked about the timeline for tokenization reaching mainstream adoption, Konevsky said, "I think it's under five years," referencing analogies to the electronification of securities markets and the rise of e-commerce, each of which he described as "a 5 to 10-year process." He added that tokenization is "already, you know, at least, you know, three to five years into it." The LinkedIn social media post included in the filing stated that tZERO has "capabilities spanning tokenization, trading, custody and transfer agency, and a growing derivatives business encompassing perpetual futures and prediction markets."

What Was Disclosed

FG Imperii Acquisition Corp. filed a Form 425 disclosing a CoinDesk interview transcript and a LinkedIn post, both dated November 9, 2026, in which tZERO's CEO discussed the company's $350 million SPAC deal and its regulated tokenization and derivatives infrastructure.