Tagged: tzero

November 14, 2019 @ 8:09 am By JD Alois  |  

Overstock to Float New Shares, Seeks $150 Million Shares in Overstock (NASDAQ:OSTK) are tanking hitting 52-month lows following today’s earnings release and the revelation that the Securities and Exchange Commission has issued a subpoena in October in regards to the digital dividend and former CEO… Read More

October 30, 2019 @ 8:55 am By JD Alois  |  

tZERO, a subsidiary of Overstock (NASDAQ:OSTK) and a prominent digital securities platform, will tokenize a 180-unit luxury residential development that is located in Manchester, UK. The tokenization is being completed in partnership with Alliance Investments, a UK-based direct-to-developer real estate investment company. River Plaza claims… Read More

October 28, 2019 @ 9:43 am By JD Alois  |  

Overstock (NASDAQ:OSTK) says it will hold a shareholder vote regarding approval pertaining to a planned digital dividend powered by tZero. Overstock has indicated it continues to work with regulators on the issuance of the “digital Series A-1 dividend.” In a release, Overstock stated: “Overstock will… Read More

October 12, 2019 @ 5:21 pm By Omar Faridi  |  

The Securities and Exchange Commission (SEC) has filed a notice regarding Box Exchange, a partner of tZero, pertaining to the launch of the Boston Securities and Token Exchange (BSTX) which is seeking regulatory approval to offer publicly traded security tokens. tZero is a subsidiary of… Read More

September 29, 2019 @ 10:00 am By Omar Faridi  |  

A complaint registered on September 27 in Utah alleges that Overstock (NASDAQ:OSTK), former company CEO Patrick Byrne and former CFO Greg Iverson were involved in securities fraud. The suit was filed by Lewis Kahn, of Kahn Swick & Foti, a law firm based in Louisiana,… Read More

September 26, 2019 @ 11:02 pm By Cali Haan  |  

Overstock.com, Inc. (NASDAQ:OSTK) has filed a Form S-3 with the Securities and Exchange Commission (SEC) in order to register its Series A-1 Digital Preferred stock (OSTKO), and “execut(e)…the company’s previously announced dividend.” According to the relevant release from Overstock issued September 24th: “This filing represents an initial… Read More

September 12, 2019 @ 8:59 am By JD Alois  |  

tZERO, a subsidiary of Overstock (NASDAQ:OSTK) has formed a partnership with Bloq Flix, LLC, to tokenize films, according to a release. Bloq Flix claims to be the “first blockchain entertainment financing company.” tZERO said that Bloq Flix will utilize its tokenization protocol technology to tokenize… Read More

September 6, 2019 @ 2:47 pm By JD Alois  |  

Overstock (NASDAQ:OSTK) has been rattled in recent weeks as founder Patrick Byrne departed from the firm he created as both an executive and a board member. Byrne left Overstock and multiple blockchain-focused projects following revelations of a long time relationship with alleged Russian agent Maria… Read More

September 6, 2019 @ 7:05 am By Cali Haan  |  

An investigation by the SEC into a $134 million STO (security token offering) by Overstock (NASDAQ:OSTK) subsidiary tZERO seems “almost dormant,” Overstock interim CEO Jonathan Johnson told Fox Business this week. Johnson, stepped to helm Overstock, after long-time CEO and founder Patrick Byrne resigned August 22nd…. Read More

August 22, 2019 @ 8:15 pm By JD Alois  |  

Former Overstock (NASDAQ:OSTK) CEO Patrick Byrne was visiting with the studios of Fox News today following his abrupt resignation earlier today from the company he founded. Byrne is widely recognized as a pioneer in the blockchain sector having launched several companies, including tZero, targeting the… Read More

August 22, 2019 @ 1:17 pm By JD Alois  |  

In a “Dear Shareholders” letter, Overstock (NASDAQ:OSTK) CEO and blockchain visionary Patrick Byrne submitted his resignation as both CEO and board member effective immediately. In afternoon trading, shares in Overstock are up by around 7%. The move by Byrne came following the fallout from comments… Read More

August 20, 2019 @ 9:55 am By JD Alois  |  

tZero’s Crypto App has added Ravencoin (RVN) to its virtual currencies available to buy and sell. Ravencoin is the 3rd crypto added following Bitcoin and Ethereum. tZero is a subsidiary of Overstock (NASDAQ:OSTK). Ravencoin currently has a market cap of around $145 million and trades… Read More

August 12, 2019 @ 12:00 pm By JD Alois  |  

tZERO has announced that its security tokens are now available to trade by non accredited invetors. Previously, only accredited investors could trade in the digital security. tZERO is a blockchain-focused subsidiary of Overstock (NASDAQ:OSTK). tZERO is both a trading and primary issuance platform focused on… Read More

August 8, 2019 @ 6:14 pm By JD Alois  |  

Overstock.com (NASDAQ:OSTK) reported Q2 financial results today. For the quarter ending June 30, Overstock reported a revenue decrease of $373.7 million vs. $483.1 million (23% decrease) in comparison to the same quarter year prior. A Net loss of $24.7 million was an improvement over last… Read More

August 6, 2019 @ 9:48 am By JD Alois  |  

Overstock (NASDAQ:OSTK) subsidiary tZERO, has received a US patent for the “Time Ordered Merkle Epoch (TOME) methodology.” TOME is described as a “base-layer technology that uses digital signatures to record and verify time-series data such as trades, executions and settlements.” This tech is said to… Read More

July 30, 2019 @ 9:35 am By JD Alois  |  

Blockchain and eCommerce company Overstock (NASDAQ:OSTK) has declared a digital dividend that gives shareholders a single “Digital Voting Series A-1 Preferred Stock” for every ten shares of common stock. Shareholders of record on September 23, 2019, will receive the shares on November 15, 2019. Digital… Read More

July 25, 2019 @ 9:57 am By JD Alois  |  

The tZERO mobile wallet App is now available on Android. Previously, the app was only available on iOS which is highly rated in the Apple App Store. tZero is the blockchain-focused subsidiary of Overstock (NASDAQ:OSTK). The mobile app allows investors to participate in the “global… Read More

July 17, 2019 @ 10:41 pm By JD Alois  |  

tZERO, a subsidiary of Overstock (NASDAQ:OSTK) and a leader in the security token issuance and trading sector, has announced several new hires. According to the company, Brooke Navarro has been appointed Head of Issuance. Michael Mougias joins tZero as Head of Investor Relations and Alexandra… Read More

July 15, 2019 @ 10:58 am By JD Alois  |  

In a letter to shareholders published in advance of an upcoming earnings report, Overstock CEO and blockchain advocate Patrick Byrne defended his vision of “tokenization” and digital assets which he believes are the “killer app of the blockchain revolution.” Overstock (NASDAQ:OSTK) subsidiary tZero is looking… Read More

July 11, 2019 @ 4:58 pm By JD Alois  |  

tZero CEO Saum Noursalehi has sent a letter to the company’s token holders outlining accomplishments while sharing the company’s roadmap for the coming months. tZero is a subsidiary of Overstock (NASDAQ:OSTK) and represents a transition in the company to be more blockchain focused. In the… Read More