Secondary market for tZERO security tokens is live LeapRate

January 25, 2019 BY Valentina Kirilova

Secondary market for tZERO security tokens is live

tZERO, the blockchain-meets-Wall-Street subsidiary of Overstock.com, Inc. (NASDAQ:OSTK), has informed the public that secondary trading of tZERO security tokens is now live. Accredited investors can now trade tZERO security tokens with other accredited investors through a digital securities brokerage account at Dinosaur Financial Group, LLC. Dinosaur has teamed up with PRO Securities, LLC, a tZERO subsidiary,…

October 17, 2018 BY Valentina Kirilova

tZERO issues preferred tZERO security tokens

tZERO, the blockchain-meets-Wall-Street subsidiary of Overstock.com, Inc. (NASDAQ:OSTK), has just announced it has completed the issuance of preferred tZERO security tokens. Tokens were issued to investors who had fully funded signed agreements for future equity (SAFEs) prior to the August 6, 2018 close of the company’s Security Token Offering (STO). tZERO raised $134 million from…

FCA allows retail investors greater access to long-term investment opportunities

August 10, 2018 BY Valentina Kirilova

GSR Capital to invest in tZERO at $1.5 billion valuation

Overstock.com, Inc. (NASDAQ:OSTK) and t0.com, Inc. (tZERO) have announced that the companies have both signed term sheets with GSR Capital, a Hong Kong based private equity firm, to invest up to $374.55 million in exchange for common equity in blockchain subsidiary tZERO and common equity in Overstock.com. Overstock and GSR Capital have also entered into…

June 20, 2018 BY Valentina Kirilova

tZERO and BOX Digital Markets to create joint venture

tZERO and BOX Digital Markets LLC have announced they have entered into a joint venture, which is expected to become the world’s first regulated exchange for trading security tokens. Security tokens are electronic tokens defined as “securities” under U.S. law. The joint venture will seek approval from the U.S. Securities and Exchange Commission (SEC) prior…

May 22, 2018 BY Valentina Kirilova

tZERO and BOX Digital Markets to launch security token exchange

tZERO and BOX Digital Markets LLC announced a joint venture to launch the industry’s first regulated security token exchange. On May 18, 2018, the two companies entered into a letter of intent to form an exchange to list and publicly trade security tokens for companies that issue, or convert existing stock to, security tokens. The…

April 10, 2018 BY Valentina Kirilova

tZERO launches security token trading software

tZERO, the blockchain-meets-Wall-Street subsidiary of Overstock.com, Inc. (NASDAQ:OSTK), has just announced the release of the prototype of its planned security token trading software. Overstock.com and tZERO CEO Patrick Byrne said: In August 2015, Overstock used tZERO’s blockchain technology to issue what we believe was the world’s first private blockchain security, a $5 million bond to…

March 06, 2018 BY Valentina Kirilova

tZERO’s security token subsequent sale period opens

Overstock.com (NASDAQ: OSTK) subsidiary t0.com, Inc. (tZERO) has announced the start of the Subsequent Sale Period for its tZERO Preferred Equity Tokens (tZERO Security Tokens) after raising $100 million in its Pre-Sale Period from strategic purchasers at discounted purchase prices. During the Subsequent Sale Period, rights to acquire tZERO Security Tokens will be sold pursuant…

December 20, 2017 BY Valentina Kirilova

Overstock.com blockchain subsidiary tZERO security token sale launches

Overstock.com (NASDAQ: OSTK) subsidiary tZERO’s token sale opened for subscription on December 18, and attracted overwhelming cryptocurrency and traditional institutional interest. Over $100 million USD in commitments from investors were received in the first 12 hours. In just weeks since announcing the first-of-its-kind preferred equity security token, over 10,000 subscribers have registered for accreditation verification…

Tag: tZERO