Tagged: sonny wu

tZero to Create Commodity Token in Partnership with GSR Capital

December 17, 2018 @ 9:14 am By JD Alois |

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: Blockchain & Digital Assets, Asia, Global | Tagged cobalt, gsr capital, hong kong, ostk, patrick byrne, sonny wu, tzero

tZero Gets Unicorn Status as GSR Capital Invests at $1.5 Billion Valuation, Security Token Raises $134 Million

August 9, 2018 @ 4:26 pm By JD Alois |

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