Overstock’s TØ Blockchain Platform Acquires Market Data Firm
Blockchain-powered securities trading platform tØ has acquired the assets of a Singapore technology firm as part of plans to enhance its information services. The firm, Blue Ocean Financial Technology, is a finance data service provider, with a special focus on delivering information related to US securities. Using the Blue Ocean assets, tØ – which is backed by online retail giant Overstock – is setting up a new company outside of the US, with an eye to use its infrastructure to deliver real-time market information. TØ president Joe Cammarata said in a statement: “Blue Ocean Technologies....
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Described by Overstock’s communications director, Judd Bagley, as a platform for trading “widgets” whose first use case will be equities - stocks and bonds, t0 which has been touted to be the world’s first Blockchain-based platform to issue equities and usher global financial system into a new age may be operational by December 2016. The t0 issuance and trading platform is developed by a Overstock’s majority-owned financial technology subsidiary, t0. At the Money 20/20 conference in Las Vegas, Bagley hinted on Monday October 24 at t0’s advantages over traditional equities trading systems....
Overstock announces its intention to start trading its own stocks on T0 blockchain platform. Overstock, one of the leading e-commerce platforms has announced the plan to start trading its own stocks on its proprietary blockchain platform. T0, as the platform is called, has been in development since over an year, and is expected to feature improved equity trading settlement services. The announcement to start using T0 was made by the company’s communications director, Judd Bagley at the ongoing Money 2020 event in Las Vegas. Overstock’s decision comes weeks after the T0 platform started....
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Overstock.com’s blockchain-based trading startup, TØ, has announced its partnership with the Keystone Capital Corporation. The collaboration marks the first public issuance of blockchain equities. Keystone Capital and TØ’s Public Blockchain Equities. On September 14, Overstock’s TØ was selected by Keystone Capital Corporation to use its blockchain....