Overview
- Bed Bath & Beyond agreed to acquire Tokens.com to build a personalized finance platform that tokenizes real‑world assets, initially focused on real estate and home equity.
- Tokens.com will use tZERO for regulated custody and trading, and integrate Figure Technologies and Figure Markets to offer mortgages, HELOCs, renovation and home‑makeover loans.
- Users are expected to view asset ownership and values in one interface and tap liquidity in cash or cryptocurrency, including stablecoins, with AI analysis provided by ShyftLabs.
- The company targets a July 1, 2026 launch, with the transaction and rollout contingent on closing and regulatory steps; financial terms were not disclosed.
- Shares of BBBY rose roughly 5–7% following the announcement as the company continues a post‑bankruptcy pivot into blockchain services under CEO Marcus Lemonis, alongside existing stakes in tZERO and GrainChain.