A subsidiary of Overstock, a major online trading company, has unveiled a prototype trading platform for tokens.
tZero published a video demonstrating the interface and main aspects of the new platform, which is scheduled to launch in May. The company is collecting user feedback on the prototype.
Overstock Chief Executive Officer Patrick Byrne said the prototype will give users an idea of what the company intends to accomplish. tZero President Joe Cammarata said the company is still awaiting a decision from financial regulators regarding its token platform. “We expect this security token trading platform to be ready to begin operations in May, subject to regulatory approval. We've been working hard on this prototype and look forward to your feedback."
As previously reported, Overstock is raising $250 million in funding to develop the platform. The sale of “Simple agreements for the purchase of tokens” will continue until May 14, 2018.
According to https://www.coindesk.com
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