TokenSoft to Trade Digital Securities on tZERO’s Retail Market
On the Overstock-owned platform, TokenSoft customers will be able issue security tokens that retail and accredited investors can trade.
Feb 4, 2021 at 9:56 p.m. UTCUpdated May 9, 2023 at 3:15 a.m. UTC
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DLIM3BM6XZGA3JML2SQRPWOWQ4.jpg)
Firms that issue digital securities through TokenSoft can now trade them on tZERO’s alternative trading system (ATS). Digital securities are often shares in a company or tokenized real-estate investments.
- “We are excited to integrate with tZERO and provide our customers with a path for secondary liquidity on an industry-leading trading platform,” TokenSoft CEO Mason Borda said in a statement.
- tZERO announced in January that Prime Trust, a digital asset infrastructure provider, would also be using its ATS.
- In 2019, tZERO announced retail investors would be able to trade on its platform. Accredited investors and institutions had access from the get-go.
- tZERO is a subsidiary of Medici Ventures, the blockchain arm of Overstock.
00:57
What Do EigenLayer's Outflows of $2.3B Signal?
04:20
What Do TradFi Crypto Moves Mean for Decentralization?
02:02
Marathon Digital Buys $100M BTC; India's Special Task Force for Crypto-Related Drug Trafficking
00:53
Ether Slides as Grayscale's ETHE Outflows Ramp Up
:format(webp)/downloads.coindesk.com/arc/failsafe/user/1x1.png)