Comment on tZERO Unveils Prototype for Upcoming Security Token Exchange by BullDose Number 42 – 05/01/2019 | Bull.io

Overstock.com fintech subsidiary tZERO unveiled on Monday a video demonstration of its upcoming safety token buying and selling platform.

commercialToken Agency

“In August 2015, Overstock used tZERO’s blockchain expertise to subject what we imagine was the world’s first non-public blockchain safety, a USD 5 million bond to First New York Securities,” siad Overstock.com and tZERO CEO, Patrick Byrne, in a press release. “In December 2015, Overstock filed with the SEC an S-Three registration assertion to register a most well-liked inventory digital safety using tZERO’s blockchain expertise, which was subsequently declared efficient in December 2016. Overstock used that S-Three to subject what we imagine was the world’s first public blockchain safety, OSTKP, using tZERO expertise as soon as once more. Now, we’re unveiling tZERO’s safety token buying and selling software program: the astute viewer of our progress can take a look at this, and the gathering of strategic property we have now assembled, and get an thought of the breadth of what we intend.”

tZERO launched its crowdsale, obtainable solely to accredited buyers, on December 18, 2017, following a profitable presale fundraise of over USD 100 million. The tZERO preliminary coin providing, capped at USD 250 million, was not too long ago prolonged via to Could 14, 2018. tZERO is targeted on the event and commercialization of economic expertise primarily based on blockchain expertise.

tZERO President Joe Cammarata stated, in a press release, “Technologically talking, we anticipate the safety token buying and selling software program can be able to commerce in Could, topic to growing additional regulatory readability. We’ve got been working exhausting on getting this prototype proper and look ahead to person suggestions. We’re making historical past and we thank everybody concerned in creating this new digital ledger platform. We additionally wish to thank our prospects; we’re doing this collectively.”

Earlier this 12 months, tZERO partnered with Kodak and WENN Digital to organize a safety token launch for KODAKCoin, anticipated later in 2018.

 

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