Tagged: tzero

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

July 9, 2019 @ 10:43 am By Samantha Hurst  |  

Overstock subsidiary (NASDAQ: OSTK) tZERO announced on Tuesday it was teaming up with producers of Atari: Fistful of Quarters to tokenize the upcoming motion picture. tZERO claims that this will be the first time the film industry to use blockchain technology, which marks a milestone… Read More

June 27, 2019 @ 5:59 pm By JD Alois  |  

OSTKO is the 2nd Digital Security to Trade on PRO Securities ATS Overstock subsidiary (NASDAQ:OSTK) tZERO has commenced trading of “Digital Voting Series A-1 Preferred Stock,” ticker OSTKO (formerly OSTKP). The long-anticipated security token trading on the marketplace represents an important step forward for blockchain… Read More

June 27, 2019 @ 9:21 am By JD Alois  |  

tZERO, a subsidiary of Overstock (NASDAQ:OSTK), has announced a crypto wallet and exchange services app via its “tZero Crypto unit.” tZERO Crypto is operated as a dba of Bitsy, Inc. and is a wholly owned subsidiary of tZERO. tZero states that investors who want to… Read More

June 3, 2019 @ 10:14 am By JD Alois  |  

Last week, the BOX Exchange filed a proposed rule change with the Securities and Exchange Commission (SEC). BOX has partnered with tZero to trade digital assets, or security tokens, in a new entity called the Boston Security Token Exchange (BSTX). The filing is over 400… Read More

May 6, 2019 @ 11:08 am By JD Alois  |  

Overstock (NASDAQ:OSTK) is circulating a letter to shareholders in the Series A preferred shares telling investors they are transitioning to tZero securities token trading platform. To facilitate the transition, Overstock will need to issue new shares and the company must receive individual shareholder approval. The… Read More

April 2, 2019 @ 4:38 pm By JD Alois  |  

Overstock (NASDAQ:OSTK) subsidiary tZERO has announced that Elliot Grossman has been appointed Chief Executive Officer (CEO) of its “upcoming broker-dealer affiliate.” tZero may be described as the crux of Overstock’s blockchain initiative. The platform seeks to act as the fulcrum to its primary issuance and… Read More

March 18, 2019 @ 8:45 am By JD Alois  |  

Overstock (NASDAQ:OSTK) has reported financial results for the quarter ended December 31, 2018. According to a release from the e-commerce/tech/blockchain firm, both top line revenue and profit declined for the quarter. Shares in Overstock dipped in pre-market trading. In a note to shareholders, CEO and… Read More

March 1, 2019 @ 9:13 am By JD Alois  |  

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

February 6, 2019 @ 6:00 pm By JD Alois  |  

Overstock (NASDAQ:OSTK) has issued a release that touts the accomplishments of its blockchain focused securities platform tZero. Overstock is, of course, a discount e-commerce platform – not exactly a business that one would expect to seek to disrupt the financial services industry. But founder Patrick… Read More

February 2, 2019 @ 1:41 pm By JD Alois  |  

Dinosaur Financial Group issued a release on their relationship with tZero, Overstock’s digital asset trading marketplace, on Friday. The announcement that Dinosaur’s institutional brokerage firm was partnering with tZero was old news. A few days prior, tZero had announced the commencement of trading via Dinosaur as the “introducing… Read More

January 26, 2019 @ 11:04 am By JD Alois  |  

tZERO, a subsidiary of Overstock (NASDAQ:OSTK), began trading its very own security token on Friday. Long anticipated, the event was foreshadowed earlier in the week when Overstock founder and Blockchain advocate Patrick Byrne said he was “ready to hit the button” and turn tZero on…. Read More

January 23, 2019 @ 3:43 pm By JD Alois  |  

tZero, a subsidiary of Overstock (NASDAQ: OSTK) and part of Medici Venture’s blockchain portfolio, is expected to go live within days. This is according to multiple reports of Overstock CEO and founder Patrick Byrne stating he was “ready to hit the button and go live”… Read More

December 19, 2018 @ 2:05 pm By Samantha Hurst  |  

Overstock’s blockchain subsidiary tZERO announced on Wednesday it has appointed Alan Konevsky as its new Chief Legal Officer. According to tZERO, Konevsky was most recently a senior vice president at Mastercard and will oversee tZERO’s expanding legal, regulatory, public policy, as well as compliance functions. tZERO also revealed… Read More