Vertalo, tZERO Are Bringing $300M in Real Estate to the Tezos Blockchain
Digital transfer agent Vertalo is teaming up with tZERO and a Pennsylvania investment firm to tokenize $300 million in real estate on the Tezos blockchain.
In an attempt to slow its cash burn rate, tZERO slashed headcount and asked senior staff to take equity as it prepares for a new raise.
Token issuer Aspen Digital raised $18 million selling digital shares of the St. Regis resort in 2018.
The firm announced Thursday that FINRA approved its application to launch tZERO Markets, a retail broker-dealer subsidiary.
The online retailer has finally handed out its digital dividend to shareholders after delays hit last year's planned distribution.
tZERO Crypto wants to become the first platform approved to trade crypto, digital securities and traditional stocks on a single app.