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tzero


Overstock.com subsidiary tZero raised $134 million in its security token offering, the company said Thursday. The announcement – revealed as part of Overstock’s second-quarter results – was paired with a separate disclosure revealing that Hong Kong-based equity firm GSR Capital has agreed to invest as much as $400 million in both tZero and Overstock. TZero said …

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Overstock.com’s token platform subsidiary tZero is officially ending its security token offering (STO) on Monday night. TZero announced that its STO would end at 11:59 p.m. Eastern Daylight Time, or 03:59 UTC. Further, the platform said “there will not be further extensions,” according to statements. The statement added that “investors with fully executed Simple Agreements …

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The blockchain subsidiary of e-commerce giant Overstock has revealed the prototype for its soon-to-be-launched token trading platform. tZero unveiled the prototype Monday and released a video demonstration detailing how it works in practice. The company seeking public feedback on the prototype ahead of its full release, which is expected to take place in May, according to …

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“The market is being chilled.” Issued by Mike Lempres, chief legal and risk officer at Coinbase, the statement captures the mood of the moment for crypto innovators in the U.S. as regulatory uncertainty and months of wanton market growth appear to be finally coming to a head. Spurring the shift is that the SEC finally confirmed …

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The president of Overstock’s tZero subsidiary has one simple message to convey: “We have not received a subpoena.” Since public documents Thursday revealed the e-commerce giant’s efforts to raise funding via an initial coin offering (ICO) had drawn scrutiny from the SEC’s Division of Enforcement, Joseph Cammarata has been speaking out, seeking to put forth the message …

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A new filing with U.S. securities regulators has revealed a number of new details about Overstock.com’s ongoing $250 million ICO for its tZero alternative trading system. However, perhaps most notable amid the stream of information on the sale structure and advisory board, is the public e-commerce company’s confirmation that the sale has been under review …

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Overstock.com just got a hefty chunk of change from one of the biggest names in finance, and CEO Patrick Byrne says much of it will fund the company’s blockchain work. The company disclosed in a Securities and Exchange Commission filing this week that the holder of a warrant had exercised its right to buy $100 …

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The initial phase of a token sale for Overstock.com subsidiary tZERO has seen significant investor activity, according to CEO Patrick Byrne As reported by CoinDesk, the first leg of the sale – in which the firm is selling Simple Agreements for Future Equity (SAFEs) that will later be redeemed for crypto tokens by accredited investors …

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“There’s a method in our madness.” That’s how Overstock founder Patrick Byrne describes the often unexpected moves that have come to characterize his efforts to rethink Wall Street with blockchain. And what began in the lab as far back as 2014, took yet another step yesterday when the firm announced (not without a few hiccups) …

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A planned initial coin offering (ICO) for Overstock blockchain subsidiary tZERO, scheduled to go live at midnight Monday, has yet to launch as originally anticipated. While little is known about the now nearly day-long delay, a countdown clock on SAFTLaunch.com, the issuance portal for tZERO’s token, has expired without any update to the company’s website or social …

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Overstock subsidiary tZERO is adding several new business verticals as part of its forthcoming initial token offering (ICO). Specifically, the tZERO token holders are now being offered the ability to buy blockchain-enabled digital locate receipts, along with newly revealed robo-advising services, online retail brokerage services, insurance products and education services dispersed in an app store-like …

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Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Shares of online retailer Overstock (OSTK) surged 30% this week after chief executive Patrick Byrne revealed key details about the initial coin offering (ICO) for one of Overstock’s portfolio companies — an ICO that he says can raise as much as $500 …

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