The tZERO company, a subsidiary of the retail giant Overstock, has officially announced the launch of its cryptoplatform for trading in security tokens.
According to tZERO, from today, accredited investors have the opportunity to trade security-tokens through brokerage accounts at New York-based Dinosaur Financial Group.
A new efficient and transparent path for capital formation via blockchain is now a reality, but those who have followed our journey know that today’s announcement is just one more step down a path. tZERO is working toward a world where security tokens revolutionize traditional capital markets, and companies achieve trust through cryptographically-protected algorithms rather than through rent-seeking middlemen.
Patrick M. Byrne
Executive chairman, tZERO; CEO and founder, parent company Overstock.com
Work on the platform has been conducted since 2014. In August 2018, tZERO collected $ 134 million in regulated tokensale called Security Token Offering.