July 19, 2018 @ 3:40 pm By JD Alois  |  

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

July 12, 2018 @ 12:00 pm By Jor Law  |  

The flight to Barbados isn’t a short one.  I left home at 5am and didn’t get into Barbados until after midnight thanks to a minor delay caused by inclement weather surrounding Miami.  I heard that it’ll take roughly 35 hours for another person who’s coming… Read More

June 29, 2018 @ 10:13 am By Samantha Hurst  |  

tZERO announced on Friday it is signing a letter of intent with Hong Kong-based private equity firm GSR Capital to participate in tZERO’s Security Token Offering (STO). According to tZERO, in accordance with the letter of intent, GSR Capital will purchase $160 million in tZERO… Read More

June 19, 2018 @ 11:26 am By JD Alois  |  

tZERO and BOX Digital Markets LLC, have signed a joint venture (JV) that is expected to enable the two companies to launch the world’s first security token exchange. tZero said the JV will now seek approval from the US Securities and Exchange Commission (SEC). The… Read More

May 22, 2018 @ 9:39 am By JD Alois  |  

Overstock (NASDAQ:OSTK) subsidiary tZERO and BOX Digital Markets LLC are partnering to launch the industry’s “first regulated security token exchange.” tZero was the first crypto focused platform to receive regulatory approval to operate an Alternative Trading System (ATS) – thus enabling the company to trade… Read More

May 8, 2018 @ 5:09 pm By JD Alois  |  

Overstock (NASDAQ:OSTK) has reported financial results for the first quarter ending March 31, 2018. According to the numbers, Overstock revenue: increased from the prior year quarter $445.3M vs. $432.4M (3% increase). Overstock reported the following Key Q1 2018 metrics comparing numbers to Q1 of 2017:… Read More

May 7, 2018 @ 7:30 am By JD Alois  |  

In a letter to shareholders Overstock (NASDAQ:OSTK) founder and CEO Patrick Byrne announced a significant management shuffle of executives at both tZero and Overstock. The corporate change is described as intending to accelerate growth at tZero – overstock’s emerging initial coin offering platform for securities on… Read More

May 2, 2018 @ 11:57 am By JD Alois  |  

Aperture’s PropertyCoin initial coin offering kicked off yesterday as the company seeks to marry blockchain and real estate backed investments. Property Coin is said to be the first opportunity to own a professionally managed real estate portfolio using Ethereum. Based in Los Angeles, Aperture is a real… Read More

April 30, 2018 @ 5:08 pm By JD Alois  |  

Overstock (NASDAQ:OSTK) has scheduled its annual shareholders meeting for May 9th beginning at 1PM MT. The meeting will be webcast live so if you are not a shareholder you may still watch all of the proceedings. Typically, annual shareholder’s meetings are routine events with little… Read More

April 24, 2018 @ 10:30 am By JD Alois  |  

Elio Motors (OTCQX:ELIO) has received a much needed investment from Overstock.com. According to a public release, Overstock has agreed to purchase $2.5 million in Elio equity at a price of $2.75 per share. Simultaneously, Elio Motors announced its intent to do an initial coin offering… Read More

April 18, 2018 @ 5:58 pm By JD Alois  |  

Joe Cammarata, President of tZero, was visiting with Security Token Academy last week when he made an interesting comment. Cammarata said he was scheduled to meet with the Securities and Exchange Commission in Washington, DC this week to discuss regulation of tokenized securities. The transcript is… Read More

April 11, 2018 @ 10:59 am By JD Alois  |  

  tZero, the ambitious blockchain based startup launched by Overstock, says its platform is pretty much ready to go. In fact the token trading platform should be ready to trade digital assets this May. tZero and Overstock CEO Patrick Byrne explained what has been accomplished… Read More

March 26, 2018 @ 4:41 pm By JD Alois  |  

Overstock(NASDAQ:OSTK) intends to offer 4,000,000 shares of its common stock in an underwritten public offering. Overstock also expects to grant to the underwriters a 30-day option to purchase up to 600,000 additional shares of its common stock in the offering. The public offering will be made… Read More

March 15, 2018 @ 7:22 pm By JD Alois  |  

Overstock.com (NASDAQ:OSTK) posted earnings today sharing full year 2017 numbers of revenue of $1.7 billion (-3% growth) and a pre-tax loss of ($47.7) million. Q4 did not help as revenue declined by $456 million with a pre-loss of ($24.9 million). Shares dropped following the news but for many individuals… Read More

March 11, 2018 @ 2:33 pm By JD Alois  |  

Any US based cryptocurrency exchange is going to be compelled to become an Alternative Trading System (ATS), a regulated trading platform but not a full blown exchange. They have to do it or else. The Securities and Exchange Commission has been increasing the volume of… Read More

March 8, 2018 @ 9:29 am By JD Alois  |  

Overstock (NASDAQ:OSTK) is moving things around once again by boosting its ownership in Bitt.com, a Blockchain based payments platform that is based in Barbados. The move was orchestrated by Medici Ventures, Overstock’s Blockchain subsidiary, and it was part of an option that was exercised to invest… Read More

March 7, 2018 @ 11:28 am By JD Alois  |  

The Securities and Exchange Commission (SEC),  Divisions of Enforcement and Trading and Markets, has published a statement on “online trading platforms,” or cryptocurrency exchanges, that trade in tokens minted by initial coin offerings (ICOs) and digital assets in general. The SEC stated: “The platforms often… Read More

March 1, 2018 @ 5:17 pm By JD Alois  |  

Buried within the tZero Offering Memorandum for its ongoing initial coin offering were several interesting items of note. The first was the fact the SEC was in the process of reviewing the offering. Another interesting bit of information was the fact tZero has acquired a… Read More

March 1, 2018 @ 10:23 am By JD Alois  |  

Overstock SEC Filing Indicates SEC Investigation Regarding ICO tZero has finally provided some clarity on the progress of its initial coin offering (ICO). While the most recent Form D filed with the SEC indicated over $64 million had been raised it did not include international… Read More

February 24, 2018 @ 11:05 am By JD Alois  |  

tZero has filed an updated Form D  506c with the Securities and Exchange Commission. According to this most recent filing, tZero has now raised a minimum of $64,361,403. This is a base amount because the filing does not include what has been raised from investors outside… Read More