Despite a number of choke points, development continues for both security tokens themselves and the market infrastructure to support them. The general hype circa 2018 proclaimed security tokens as crypto’s killer app. After Bitcoin fell from its $20,000 peak in December 2017, some of the more revolutionary promises of cryptocurrencies had lost their luster — […]
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Japanese financial giant SBI Holdings has acquired a 10% stake in Nomura’s digital security platform Boostry. Major Japanese financial services company SBI Holdings now owns a 10% stake in the digital security offering platform Boostry. The news follows the signing of a memorandum of understanding between Nomura Research Institute — a joint venture of Boostry’s […]
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As real estate security tokens grow in popularity, tZERO has partnered with Aspen Digital to support trade in a five-star resort-backed token. Leading security token exchange tZERO has partnered with Aspen Digital Inc. to enable trade for Aspen’s digital security. The ‘ASPEN’ token, previously dubbed ‘Aspen Coin’, represents $18 million worth of indirect ownership in […]
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Overstock’s shares are up 8% following the announcement of record activity on its tZERO security token exchange. Overstock’s shares have jumped by 8% following the release of new data regarding user and trading activity on the company’s tZERO alternative trading system (ATS) for security tokens. An announcement published by tZERO on June 10 noted that […]
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Less than three months after its ‘digital dividend’ airdrop, Overstock’s OSTKO is dominating the security token rankings for both market cap and volume. Since airdropping to Overstock shareholders on May 19, Overstock’s OSTKO token has firmly established itself as the leading security token by trade volume. OSTKO currently posts double the 24-hour trade of volume […]
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“Open Source Money,” a documentary series on a crypto firm fully financed with cryptocurrency will air on cable television in the United States. “Open Source Money,” a documentary series on a crypto firm fully financed with cryptocurrency will air on cable television in the United States. According to an announcement on May 29, Discovery Science […]
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Ecommerce platform Overstock announced in a press release on May 19 that they have finished sending out digital dividends to all Series A-1 shareholders. Ten digital “OSTKO” tokens were issued for each “Series A-1” Overstock share. The digital shares have voting rights and can be traded on tZERO ATS digital securities platform. A total of […]
Continue ReadingOverstock has successfully distributed its controversial ‘digital dividend’ security token airdrop. Overstock has successfully distributed its ‘digital dividend’, issuing ‘OSTKO’ security tokens to its stockholders on a basis of one digital token for every ten company shares owned on May 19. In total, 4.37 million OSTKO tokens were airdropped to shareholders via transfer agent Computershare […]
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Overstock is seeking the dismissal of a lawsuit accusing the firm of market manipulation and issuing misleading information regarding tZERO. Online retailer and early Bitcoin adopter Overstock has filed for the dismissal of a lawsuit that accuses the company of misrepresenting the nature of its ‘digital dividend’ token. The dividend is a security token airdrop […]
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Despite a nearly double-digit retraction in the combined capitalization of the security token sector, real estate tokens gain over 4% during April. Real estate tokens have continued to post a positive performance for investors, gaining an average of 4.27% during April while top securities tokens suffered losses for the month. The combined capitalization of security […]
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