Online retail giant Overstock.com’s blockchain subsidiary tZERO has unveiled the prototype of its planned security token trading software.
“[W]e are unveiling tZERO’s security token trading software: the astute viewer of our progress can look at this, and the collection of strategic assets we have assembled, and get an idea of the breadth of what we intend,” Overstock.com and tZERO CEO Patrick Byrne said.
The company has also released a video which demonstrates how security tokens may be traded on this platform.
“Technologically speaking, we anticipate the security token trading software will be ready to trade security tokens in May, subject to developing further regulatory clarity,” said tZERO president Joe Cammarata. “We have been working hard on getting this prototype right and look forward to user feedback.”
tZERO is now inviting potential users to review the video and provide feedback.
The company kicked off its private offering for the tZERO security token in December 2017. On March 1, 2018, it announced that it had extended the security offering until May 14, 2018.
