"tZERO"- Distributed Ledger Platform for Capital Markets.

in #cryptocurrency7 years ago

tZERO private offering for the tZERO Security Token is currently underway.
On March 1, 2018. tZERO announced that it had extended the offering until May 14, 2018.

tZERO will enter into simple agreements for Equity (SAFE), only with accredited investors pursuant to the terms and conditions set forth in the offering memorandum in March 2018.

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tZERO Unveils Security Token Trading Software
April 09, 2018 08:00 AM Eastern Daylight Time
NEW YORK--(BUSINESS WIRE)--tZERO, the blockchain-meets-Wall-Street subsidiary of Overstock.com, Inc. (NASDAQ:OSTK), announces the highly-anticipated prototype of its planned security token trading software. The demo link displays a video demonstrating how security tokens may be traded on this platform.

“We have been working hard on getting this prototype right and look forward to user feedback.”
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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 First New York Securities. In December 2015, Overstock filed with the SEC an S-3 registration statement to register a preferred stock digital security utilizing tZERO’s blockchain technology, which was subsequently declared effective in December 2016. Overstock used that S-3 to issue what we believe was the world’s first public blockchain security, OSTKP, utilizing tZERO technology once again. Now we are unveiling tZERO’s security token trading software: the astute viewer of our progress can look at this, and the collection of strategic assets we have assembled, and get an idea of the breadth of what we intend.”

“Technologically speaking, we anticipate the security token trading software will be ready to trade security tokens in May, subject to developing further regulatory clarity,” said tZERO president Joe Cammarata. “We have been working hard on getting this prototype right and look forward to user feedback.”

Cammarata continued, “We’re making history and we thank everyone involved in creating this new digital ledger platform. We also want to thank our customers; we’re doing this together.”

The demo video released today for tZERO’s new platform reaches a much-anticipated milestone. tZERO is requesting that potential users review the video and provide feedback to [email protected].

tZERO’s private offering for the tZERO security token commenced December 2017. On March 1, 2018, tZERO announced that it had extended the security offering until May 14, 2018. tZERO will enter into Simple Agreements for Equity (SAFEs) only with accredited investors pursuant to the terms and conditions set forth in the Offering Memorandum, dated March 1, 2018, for the token sale.

About tZERO

t0.com, Inc. (“tZERO“) is a majority owned subsidiary of Overstock.com, focusing on the development and commercialization of financial technology (FinTech) based on cryptographically-secured, decentralized ledgers – more commonly known as blockchain technologies. Since its inception, tZERO has pioneered the effort to bring greater efficiency and transparency to capital markets through the integration of blockchain technology. On December 18, 2017, tZERO opened its global $250 million USD Initial Coin Offering (ICO) to accredited investors. More information is available at tZERO.com.

tZERO with the aim of increasing transparency, efficiency and auditability is actively working to develop new technology that will help make market more efficient and more liquid.

So stay in touch for more info on tZERO.. or beterstill visit their website here at http://t0.com

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