Overstock (NASDAQ:OSTK) has a statement from company CEO and founder and tZERO Executive Chairman Patrick M. Byrne. The statement addresses a previously announced equity investment into tZero by GSR Capital and Makara Capital. Apparently, the investment, which was valued at up to $270 million, has… Read More
Read more in: Blockchain & Digital Assets | Tagged gsr capital, overstock, patrick byrne, tzero
Overstock (NASDAQ: OSTK) subsidiary tZERO has been asked by Hong Kong-based private equity firm GSR Capital to develop a smart contract commodity token for the sale of cobalt. GSR Capital is a significant investor in tZero having committed to invest up to $270 million at a… Read More
Read more in: Asia, Blockchain & Digital Assets, Global | Tagged cobalt, commodity token, gsr capital, hong kong, ostk, patrick byrne, sonny wu, tzero
tZero has announced a significant investment from GSR Capital. The VC has backed tZero with a term sheet to invest up to $270 million at a valuation of $1.5 billion post money. At the same time, tZero has shared that its just completed security token… Read More
Read more in: Blockchain & Digital Assets, Offerings | Tagged gsr capital, ostk, overstock, patrick byrne, saum noursalehi, sonny wu, tzero
tZero, a subsidiary of Overstock (NASDAQ:OSTK) has extended its ongoing security token offering for individual investors until August 6, 2018. The announcement was shared in an email signed by tZero CEO Saum Noursalehi. tZero indicated the move to extend the offering was due to ongoing… Read More
Read more in: Blockchain & Digital Assets, Offerings | Tagged gsr capital, ico, initial coin offering, overstock, saum noursalehi, tzero
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