Overstock to Restructure Ex-CEO’s Crypto Dividend to End 6-Month Lockup

Online retail giant Overstock is to drop trading restrictions for its planned digital asset-based dividend instigated by the e-commerce giant’s former CEO, Patrick Byrne. Before leaving the firm over a scandal involving his affair with a Russian spy, Byrne in July had arranged for Overstock’s next investor dividend to be paid out in a digital […]

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Overstock Will Open tZERO Security Token Market to Retail Traders Next Week

Overstock is opening up trading on its security token market, tZERO, to all comers. Retail investors will be able to trade on the platform starting Aug. 12, tZERO CEO Saum Noursalehi told CoinDesk. At that point, the one year lock-up period for tZERO’s 2018 security token offering (STO) will pass. While the platform went live in January, […]

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tZERO Launches Second Digital Security to Trade on PRO Securities ATS

tZERO, a blockchain company focused on capital markets, announced today that the Digital Voting Series A-1 Preferred Stock is the second digital security available for trade on its PRO Securities ATS, an SEC registered alternative trading system. Listed as OSTKO – formerly OSTKP – it is available on the non-exchange venue that matches buyer and […]

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Overstock’s tZERO Token Market Misses Closing Date for $100 Million Raise

Overstock’s tZERO security token trading platform has once again failed to close on a capital injection by the targeted date. In a letter to shareholders Thursday, Overstock CEO Patrick Byrne said the $100 million investment led by Makara Capital and GSR Capital that was agreed upon in February and scheduled for completion in mid-April had […]

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