Tag: Overstock.com

Crypto “bot” trading hurting market reputation and individual investors
January 10, 2019 BY Valentina Kirilova

Robo-advisory market is increasing in competition globally

Traditional wealth managers set to lose market share to robo-advisors, according to the data and analytics company GlobalData. The robo-advisory market is increasing in competition globally, with more start-ups entering the wealth management industry year by year, the company added. Broadridge claimed that robo-advisors and inorganic intelligence are the future of wealth management industry back…

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Secondary market for tZERO security tokens is live
October 17, 2018 BY Valentina Kirilova

tZERO issues preferred tZERO security tokens

tZERO, the blockchain-meets-Wall-Street subsidiary of Overstock.com, Inc. (NASDAQ:OSTK), has just announced it has completed the issuance of preferred tZERO security tokens. Tokens were issued to investors who had fully funded signed agreements for future equity (SAFEs) prior to the August 6, 2018 close of the company’s Security Token Offering (STO). tZERO raised $134 million from…

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April 10, 2018 BY Valentina Kirilova

tZERO launches security token trading software

tZERO, the blockchain-meets-Wall-Street subsidiary of Overstock.com, Inc. (NASDAQ:OSTK), has just announced the release of the prototype of its planned security token trading software. 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…

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Crypto “bot” trading hurting market reputation and individual investors
February 01, 2018 BY Valentina Kirilova

Overstock.com and tZERO Advisors launch robo-advisor digital investment platform

Overstock.com (NASDAQ: OSTK) announced the launch of a digitally driven investment platform, powered by tZERO Advisors, within the online retailer’s FinanceHub™. This service introduces robo-advising investment management services to our millions of customers and continues Overstock’s commitment to bridging Wall Street and e-commerce,” said Patrick M. Byrne, Overstock’s founder and CEO. Overstock currently delivers world-class…

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Secondary market for tZERO security tokens is live
December 20, 2017 BY Valentina Kirilova

Overstock.com blockchain subsidiary tZERO security token sale launches

Overstock.com (NASDAQ: OSTK) subsidiary tZERO’s token sale opened for subscription on December 18, and attracted overwhelming cryptocurrency and traditional institutional interest. Over $100 million USD in commitments from investors were received in the first 12 hours. In just weeks since announcing the first-of-its-kind preferred equity security token, over 10,000 subscribers have registered for accreditation verification…

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October 25, 2017 BY Valentina Kirilova

Overstock.com to launch an Initial Coin Offering next month

E-commerce veteran Overstock.com (NASDAQ:OSTK) subsidiary tZERO (tØ) has formally announced an initial coin offering (ICO). CEO Patrick Byrne announced the news at the Money 20/20 conference in Las Vegas yesterday. Overstock is planning to sell up to 500 million digital tokens via an initial coin offering that will launch next month. The tZERO token, according…

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