News Dinosaur and tZero unleash securities trading on blockchain –...

Dinosaur and tZero unleash securities trading on blockchain – FinTech Futures

-

- Advertisment -

New York-based brokerage outfit Dinosaur Financial Group has teamed with tZero Group for digital securities trading on blockchain.

Dinosaur and tZero unleash securities trading on blockchain – FinTech Futures

“Blockchain is changing how securities are traded and settled”

Dinosaur is the broker-dealer to provide brokerage accounts for investors seeking to trade tZero’s digital security tokens.

Elliot Grossman, Dinosaur MD of equity trading, comments: “Blockchain is changing how securities are traded and settled.”

He adds: “tZero’s security token is a digital security tracked via a blockchain protocol. It’s an evolutionary change that will reduce operational risk and drastically improve the process of clearance and settlement.”

Salt Lake City-based tZero, a subsidiary of the digital retailer Overstock.com and a Medici Ventures portfolio company, says it is one of the first companies to issue security tokens.

In 2016, Overstock.com was the issuer of the “world’s first public crypto security”, and PRO Securities, the broker-dealer subsidiary of tZero, “introduced the concept of real-time trade settlement”.

Dinosaur Merchant Bank, a challenger bank, and Dinosaur Financial Group, are both subsidiaries of Dinosaur Group Holdings.

source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Mercuriex Cryptocurrency Exchange Launches New Utility Token, SURF

MercuriEx Cryptocurrency Exchange, originally developed in 2017, came under new ownership in December 2019. Since taking over the exchange,...

Fungibility: Bitcoin Mixers Favorite Term That No One Understands

Fungibility, perhaps the most important concept when dealing with a decentralized and anonymous currency, but does bitcoin...

Crypto can’t thrive in the real world – but stablecoins can

We can safely say that the hype about cryptocurrencies is pretty much over. The claims of Bitcoin...

How to double your crypto

Most of us have a small gambler deep inside our souls. We love to feel the thrill...
- Advertisement -Dinosaur and tZero unleash securities trading on blockchain – FinTech Futures

Cryptocurrency Top Security Risk Concerns: What You Can Do to Protect Your Crypto

A report by CipherTrace revealed that in the first half of 2019, criminals and fraudsters stole more...

How has Bitcoin of America Changed the Cryptocurrency Industry?

Who is Bitcoin of America? Bitcoin of America is a U.S. based digital currency...

Must read

Mercuriex Cryptocurrency Exchange Launches New Utility Token, SURF

MercuriEx Cryptocurrency Exchange, originally developed in 2017, came...

Fungibility: Bitcoin Mixers Favorite Term That No One Understands

Fungibility, perhaps the most important concept when...
- Advertisement -Dinosaur and tZero unleash securities trading on blockchain – FinTech FuturesDinosaur and tZero unleash securities trading on blockchain – FinTech Futures

You might also likeRELATED
Recommended to you