tZERO Security Tokens Now Tradable by Non-Accredited Investors
Summary
The highly publicized issuance of tZERO’s security tokens in August 2018 raised approximately $134 million in aggregate consideration from over 1,000 global investors. Since its inception, tZERO has pioneered the effort to bring greater efficiency and transparency to capital markets through the integration of blockchain technology. Its leading e-commerce website sells a broad range of new products at low prices, including furniture, décor, rugs, bedding, home improvement, and more. Overstock was the first major retailer to accept cryptocurrency in 2014, and in the same year founded Medici Ventures, its wholly-owned subsidiary developing and accelerating blockchain technologies to democratize capital, eliminate middlemen, and re-humanize commerce. Its affiliated entities offer global access through offices in London, United Kingdom, Milan, Italy and Madrid, Spain.