Overstock can be a little success on his way to the Blockchain-company. The e-Commerce giant with a strong Blockchain ambitions has been released on its FinTech daughter tZero company’s shares for trading on an Alternative Trading System. At the same time, the publication of the Wallet of the tZero with the course was accompanied by increases in the Overstock share.
By Christopher clover
28. June 2019BTC$11.973,00 1.28%part Facebook Twitter LinkedIn xing mail
TZero, the Blockchain, a subsidiary of the online retailer Overstock, has issued Security Token via the Alternative Trading System (ATS) Pro Securities ATS. The trading of digital security with the Ticker name OSTKO will be carried out exclusively via the Broker Dinosaur. OSTKO represents the second tokenized securities, issued to the ATS Pro Securities. OSTKO succeeds OSKTP, those Overstock Shares, which had been tokenized, the company is already in the year 2016.
The starting shot for the conversion of the Blockchain-based OSTKP Shares, according to a press release from tZero on the 27. June like. Therein tZero-chief Saum Noursalehi is confident, however, that other Use Cases will follow:
OSTKO is the second plant, which is traded on the PRO Securities ATS. This is an important step for the recovery of additional Assets, such as private companies, real estate, debt and commodities.
The message has had a positive effect on the course of the troubled Overstock stock OSTK out. This could be partly due to the fact that now two-thirds of the business model of Overstock from Blockchain-related projects. The Broker platform tZero and the Blockchain will form next to the e-Commerce business, wants to sell the CEO Patryck Byrne anyway, Venture Arm of the Medici the Foundation of Overstock.
Overstock is relies on Blockchain
The future from Overstock, and ultimately falls with the success of its Blockchain projects. So it is no wonder that investors are for positive news from this sector are particularly susceptible. According to the most recent course was followed, for example, the OSTK shares rise on the release of the Wallet of tZero. The “tZERO Crypto App” offers, in addition to a Wallet function, a crypto-currency market for the purchase and sale of Bitcoin & co. so Far, the Wallet only supports Bitcoin and Ethereum.
We are pleased to provide you with the opportunity to imagine, to trade crypto-currencies in their mobile Wallet and to keep,
the hem Noursalehi, CEO of tZERO commented on the Launch of the App.
to create The tZERO Crypto App is an important milestone in our plans an intuitive experience for the trade with all of the digital Assets.
the App of The Blockchain, a subsidiary of Overstock is initially only available on iOS, Android users will, however, need to click on one of the many Alternatives to fall back.
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More on the topic:
STO Report: Security Token to the Blockchain-lawyer Markus Kaulartz: STOs, and the role of the securities prospectuses block state CEO Paul Claudius in an Interview: “In Switzerland, it is much easier to STO than they have been in Germany”
