Tagged: overstock

Overstock Moves Into Discount Equity Trading at $1.99 per Trade

Overstock.com (NASDAQ:OSTK) and Siebert Financial Corp. (NASDAQ:SIEB) have launched Muriel Siebert & Co. discounted online trading platform through Overstock.com’s FinanceHub as it merges e-commerce and securities transactions. Announced last December, any investor in the US, may access the Siebert portal through Overstock.com’s FinanceHub the opportunity to… Read More

Overstock’s Blockchain Subsidiary tZERO Purchases 24% Stake in StockCross Financial

On Friday Overstock’s blockchain subsidiary tZERO announced it purchased a 24% ownership stake in StockCross Financial Services, Inc., a FINRA member firm and a U.S. DTCC member Firm. According to tZERO, the investment in StockCross adds a key partner with the custodial and clearing functionality of… Read More

Overstock Introduces Robo-Advising Investment Platform tZERO Advisors

  Overstock.com, Inc. (NASDAQ:OSTK) has introduced a digitally-driven investment platform (aka robo-advising), presented by tZERO Advisors. The service is accessible to investors through the online retailer’s FinanceHub™. For a monthly fee of $9.95, investors can either select from a group of pre-established Adaptive Dynamic Portfolios matched to… Read More

The Big One: tZero Says KODAKCoin will Trade on its Forthcoming Digital Assets Exchange

The announcement by Kodak that it would be jumping into the cryptocurrency space with its own initial coin offering and KODAKCoin rattled all of corporate America. If a fallen star like Kodak could do it, then why not them? In a way, Kodak validates the… Read More

tZero Filing Indicates $8.1 Million Sold So Far in $250 Million Private Placement ICO

tZero, the company that wants to be the one digital asset exchange to rule them all, has filed a Form D (506c) with the Securities and Exchange Commission (SEC). According to the filing, $8.107 million in equity has been sold with the date of the… Read More

On the Move: tZero Acquires Stake in StockCross Financial

Overstock’s (NASDAQ: OSTK) digital subsidiary tZero has purchases a 24% stake for $12 million in StockCross Financial Services, Inc., a U.S., DTC Clearing Firm. This announcement comes on the heals of tZero investing in Kennedy Cabot Acquisition, a FINRA approved Broker Dealer and the parent of Siebert… Read More

tZero ICO Begins Sending Offering Memorandum to Accredited Investors, Announces Airdrop as Incentive

The tZero Initial Coin Offering (ICO) listed on SaftLaunch is poised to be one of the largest ICOs to date. Open only to accredited investors, the pre-sale launched on December 18th only for the largest, institutional investors. Within half a day, over $100 million had… Read More

Overstock’s tZero ICO Rakes in $100 Million in First 12 Hours

The tZero initial coin offering (ICO) has revealed that institutional investors have committed more than $100 million in the first 12 hours of the pre-sales offer. Additionally, more than 10,000 subscribers have registered for accredited investor status via the Saftlaunch platform where the ICO is… Read More

Overstock Updates on tZero ICO, Says $250 Million Offer to be Treated as Preferred Equity in Company

  The highly anticipated tZERO initial coin offering (ICO) has finally launched on SaftLaunch. The ICO was delayed once before and appeared to be in a holding pattern earlier today but now the offer is live and open to certain investors. Part of the delay… Read More

Overstock, tZERO, & Siebert Financial Sign Letter of Intent to Offer Discount Trading

On Thursday, Overstock.com (NASDAQ: OSTK), its subsidiary tZERO and Siebert Financial Corp. (NASDAQ: SIEB) announced they have signed a letter of intent to enter into a partnership to offer deeply discounted online trading in the first quarter of 2018 when the transaction is slated to close…. Read More

Blockchain JV: Overstock Founder Patrick Byrne & Economist Hernando de Soto Partner on Global Property Registry

Described as an initiative to fight global poverty and inequality, Patrick Byrne, founder of Overstock (NASDAQ:OSTK) has formed joint venture with Hernando de Soto – prominent economist who has been deeply engaged in the Blockchain and cryptocurrency sector.  The new company, called De Soto, Inc., will… Read More

tZERO’s ICO Will Begin on December 18th

tZERO, a subsidiary of Overstock(NASDAQ:OSTK), will kick off its Initial Coin Offering (ICO) on December 18th. tZERO is accepting registrations now.  tZERO described the token as a utility to pay for fees and services with the tZERO ecosystem. The token will also include revenue participation in… Read More

The SEC and Regulated ICOs: Be Careful What You Wish For

Man Proposes and God Disposes On November 8, at an Annual  New York City gathering of securities professionals, SEC Chair Jay Clayton went off script – and in doing so provided what is likely to be the clearest guidance we can expect to receive from… Read More

Overstock CEO Patrick Byrne Shares Details on Upcoming tZERO ICO

Overstock (NASDAQ:OSTK) CEO Dr. Patrick M. Byrne, who is also chairman of t0.com or simply “tZERO, shared details on the platforms forthcoming Initial Coin Offering (ICO) at Money 20/20 this week. tZero is a majority owned subsidiary of OverStock, focusing on the development and commercialization of Fintech… Read More

Overstock Subsidiary tZERO Partners on JV to Launch Alternative Trading System for ICO Tokens

tZERO, a subsidiary of Overstock.com, (NASDAQ:OSTK),  has announced a new joint venture (JV) to launch an Automated Trading System (ATS) for the trading of Tokens issued via Initial Coin Offerings. The JV is in partnership with RenGen LLC and Argon Group and the trading platform… Read More

Overstock Now Accepts Cryptocurrencies for Payment

Overstock (NASDAQ:OSTK) has announced the integration of “ShapeShift“, an instant digital asset exchange, that allows customers to use all the major cryptocurrencies, including Ethereum, Litecoin, Dash, Monero, and the new Bitcoin Cash, to buy online.  Overstock is an online discount retailer that sells over 6… Read More

Overstock Issues Shares Using T0 Distributed Ledger Technology

Overstock (NASDAQ:OSTK)  has issued new shares utilizing distributed ledger technology (DLT) created by Fintech firm t0.com (t zero). The securities issues are said to be the first in history to be able to trade on an alternative trading system (ATS) using DLT. Trades settled on… Read More

Overstock Gets SEC Approval to Issue Shares Using Blockchain

Overstock, a publicly traded company managed by maverick CEO Patrick Byrne, has received SEC approval to regarding a plan to issues shares using Bitcoin Blockchain.  According to a filing with the SEC, the use of the “technology and distributed ledger technology by the Pro Securities… Read More

Catchpoint Systems Grabs $16 Million During Series C Funding Round Led By Battery Ventures & Silicon Valley Bank

Catchpoint Systems, Inc., a provider of web and infrastructure performance monitoring solutions, announces it has completed a $16 million Series C funding with proceeds earmarked to accelerate the company’s rapid growth. The funding includes $6 million from Battery Ventures, which has provided the capital in… Read More