News 
Coin Information 
About us 
Overstock.com’s blockchain subsidiary tZERO has announced the commencement of secondary trading of tZERO security tokens.
Accredited investors will now be able to trade tZERO security tokens with other accredited investors through a digital securities brokerage account at Dinosaur Financial Group. tZERO said that this marks the first step towards trading other digital assets.
Dinosaur has partnered with tZERO subsidiary PRO Securities, which offers an alternative trading system to provide market access for secondary trading of the tZERO security tokens, during market hours initially. It will act as the introducing broker-dealer.
PRO Securities is an SEC-registered broker-dealer and FINRA member that is wholly-owned by tZERO.
Founded in 2014, tZERO is focused on the development and commercialization of financial technology based on cryptographically-secured, decentralized ledgers. It provided the technology behind trading of the world’s first public digital asset, OSTKP, in 2016.
The company raised 134 million from over 1,000 global investors during its security token offering (STO), which closed in August 2018. It said that the secondary trading of the tokens is now live following the mandatory 90-day lock-up period, offering investors “an efficient path to liquidity through the blockchain for the first time ever.”
In addition, tZERO said that it has laid the groundwork for the trading of other tokenized assets, such as debt instruments, commodities and real-estate.
“The world of security tokens has lacked a regulated venue for secondary trading,” said tZERO CEO Saum Noursalehi. “The trading of our own security tokens is the crossing of the Rubicon for the new world of digital assets. This will create liquidity, democratize access, bring transparency and efficiency to global markets and accelerate the adoption of security tokens.”
Comment 20