The undisclosed investment will result in ICE becoming a significant minority shareholder in tZero and is another sign of the closing of the divide between equities and crypto assets.
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The undisclosed investment will result in ICE becoming a significant minority shareholder in tZero and is another sign of the closing of the divide between equities and crypto assets.
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Around $18 million worth of NYCE’s common shares will be tokenized and supported for secondary trading on tZERO’s security token trading platform.
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A United States federal judge has reversed his decision to dismiss a lawsuit alleging that Overstock manipulated its share market by distributing a security token in 2019.
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The security token markets continued to slump last month, with sector-wide trade volume receding by more than 40%.
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While tZERO’s net revenues have nearly doubled year-over-year, Overstock’s fledgling security token exchange is still far from profitable.
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Two dozen security tokens drove $9.15 million in trade during September.
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Less than three months after its ‘digital dividend’ airdrop, Overstock’s OSTKO is dominating the security token rankings for both market cap and volume.
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Overstock’s blockchain subsidiary tZERO raised $5 million through its latest equity sale
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The U.S. has prolonged its evaluation of a proposal from Overtock’s tZERO and Box Digital Markets to launch a regulated security token exchange
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An Overstock shareholder is seeking documents that he believes will demonstrate collusion between the firm’s directors and CEO Patrick Byrne
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