Комиссия по ценным бумагам и биржам США (SEC) ведет расследование в отношении токенсейла платформы tZero от ритейл-гиганта Overstock в связи с возможными нарушениями федерального законодательства в сфере ценных бумаг. Об этом сообщает CoinDesk.
«SEC пытается определить, было ли нарушено федеральное законодательство в сфере ценных бумаг.
“Дочка” онлайн-ритейлера Overstock объявила о партнерстве с WENN Digital, по условиям которого готовящаяся к запуску криптовалюта KodakСoin будет добавлена в листинг блокчейн-платформы tZERO (t0). Об этом пишет CryptoNinjas.
Как отмечает источник, t0 также будет предоставлять консалтинговые услуги WENN Digital для проведения успешного токенсейла блокчейн-платформы KODAKOne.
Overstock CEO Patrick Byrne believes that one day all company shares will be blockchain-based equity tokens classed as securities, and they will need a regulated exchange to trade on.
To raise funds to develop that exchange, the online retail giant is launching an initial coin offering (ICO) for T0.
Shares of online retailer Overstock (OSTK) surged 30% this week after chief executive Patrick Byrne revealed key details about the initial coin offering (ICO) for one of Overstock’s portfolio companies — an ICO that he says can raise as much as $500 million.
As CCN has reported, Overstock subsidiary tZERO has formed a joint venture with two other companies to establish the first regulated U.
Overstock chief executive Patrick Byrne has revealed details about the initial coin offering (ICO) for tZERO’s SEC- and FINRA-compliant token exchange. Byrne expects the tZERO ICO to “raise a fortune” and potentially set a new record for token sale fundraising.
Overstock CEO Reveals tZERO ICO Details
Last month, Overstock announced that tZERO — one of its blockchain portfolio companies — had entered into a joint venture with the Argon Group and RenGen to develop the first U.
Initial coin offering (ICO) fundraising crossed another significant milestone this month, racing past the $3 billion mark for the year despite increased attention from regulatory agencies across the world.
Initial Coin Offering Fundraising Tops $3 Billion
Initial coin offerings have come along way since 2013 when J.R. Willett raised $500,000 to develop Omni (then known as Mastercoin). According to data obtained from CoinSchedule, there have now been more than 200 ICOs held during 2017 alone.
Overstock CEO Patrick Byrne confirmed that SEC-compliant token exchange and marketplace tZERO will hold an initial coin offering (ICO) by Thanksgiving. Byrne predicts the tZERO ICO could “easily” raise as much as $200 million to $500 million, potentially breaking the record for token sale fundraising.
Last month, Overstock made waves by announcing that tZERO, one of the online retailer’s blockchain subsidiaries, had entered into a joint venture with RenGen and the Argon Group to develop the first FINRA- and SEC-compliant ICO marketplace.
Overstock subsidiary tZERO has announced a joint venture with Argon Group and RenGen LLC to launch the first ICO exchange that complies with SEC and FINRA regulations.
Overstock Announces SEC-Compliant ICO Exchange
The ICO market, which the company describes as an alternative trading system (ATS), purports to facilitate the trading of security tokens while maintaining compliance with Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) regulations.