tZERO is a majority-owned subsidiary of Overstock.com. Their blockchain technologies have a goal to improve the built-in inefficiencies of Wall Street so that the investors and financial processes don’t have to be bound anymore to traditional and institutional market structures.
tZERO security token looks to improve the regulatory concerns and shortcomings of the standard ICO model. Furthermore, token holders have the benefit of traditional security which isn’t that common in the crypto community.
While there are multiple tZERO’s products, the following two products are especially noteworthy.
- Digital Locate Receipt (DLR) is a software that allows broker-dealer licensees with stock inventory to both load and manages their inventory via front end system.
- tZERO’s trading platform which makes the trading of tZERO tokens possible.
Since the end of the ICO, tZERO successfully built partnerships with several companies.
- Dinosaur Financial Group, LLC
- BOX Digital Markets, LLC
- Boston Stock Exchange
- GSR Capital
As for the products, on January 24th, the security token platform has officially begun to live trade. All accredited investors can trade tZERO tokens through Dinosaur Financial Group which is acting as a broker-dealer.