Express

Overstock’s Blockchain Arm tZERO Gets $5 Million In Equity Investment

Roland James

Summary: Overstock’s blockchain subsidiary, tZERO, has raised $5 million in funding from the Hong Kong equity firm GoldenSand Capital. Discussing the firm’s interest in being a part of tZERO’s initiative, chairman of GoldenSand Capital Sonny Wu said, “We plan to continue to collaborate with tZERO on strategic opportunities and are interested in partnering our wealth of ...

Overstock’s blockchain subsidiary, tZERO, has raised $5 million in funding from the Hong Kong equity firm GoldenSand Capital.

Discussing the firm’s interest in being a part of tZERO’s initiative, chairman of GoldenSand Capital Sonny Wu said, “We plan to continue to collaborate with tZERO on strategic opportunities and are interested in partnering our wealth of industry connections across Asia with tZERO’s tokenization protocol technology.”

There is currently no mention from tZERO as to how the company plans to use the funds from GoldenSand Capital.

By Roland James

Last Update:

Tags: ,,
Link: Overstock’s Blockchain Arm tZERO Gets $5 Million In Equity Investment   [Copy]
Next:

Related Articles

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 16 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 6 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago

    • You need to login to comment.