tZero will create an adjustable exchange for “security-tokens”

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TZero, a subsidiary of the retail giant Overstock, has announced a partnership with the BOX Digital Markets LLC (BOX Digital), an operator of the Boston Stock Exchange, which will create a trading platform for security tokens.

TZero, a subsidiary of the retail giant Overstock, has announced a partnership with the BOX Digital Markets LLC (BOX Digital), an operator of the Boston Stock Exchange, which will create a trading platform for security tokens.

The new site will include the so-called “security-tokens” in the listing, and companies will be able to tokenize shares of traditional exchanges. The joint venture will belong to tZero and BOX Digital in equal shares, and each of the companies will have equal representation on the board of directors. The main new company will be CEO and president of the Boston Options Exchange Lisa Fall.

According to Fall herself, in recent years tZero has been noted as a pioneer in the development and practical application of blockchain solutions in the capital markets. On the part of tZero, funding will be allocated for the new project and its own blockchain solutions are licensed, which are intended to support the work of the “security-token” market. In turn, BOX Digital will provide expert support to the joint project, and will also engage with the regulators of the financial market.

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