• Contact us
      • Contact Us
      Have a question?
      Try speaking to one of our experts
      Contact us
      Information
      • Careers
      • Privacy Notice
      • Cookie Notice
      • Terms of Use
      • Office Locations
      Sign up for industry updates
      Stay up to date on Celent's latest features and releases.
      Sign up
      • Privacy Notice
      • Cookie Notice
      • Terms of Use
      BLOG
      Security Tokens Go Live
      4th February 2019
      //Security Tokens Go Live

      As we have often repeated, security tokens harness the power of public blockchains with the regulatory legitimacy of traditional financial markets.

      Last week, tZero announced that secondary trading of security tokens is now live on their platform for the first time.

      This story began in October 2018 when tZero announced it had completed the issuance of preferred tZero security tokens, raising over $134 million from over 1,000 global investors during its security token offering (STO).

      To ensure compliance with federal securities law, the tokens were locked up in the custodial wallet until January 10, 2019 (90 days post issuance).

      This week, and following the mandatory lock-up period, investors were provided a path to liquidity through the tZero platform.

      This is a significant step for security tokens and reflects a theme which we have published for a very long time. Our latest report highlights the key platforms and protocols emerging within this ecosystem which will drive tokens issuance and news flow in the years ahead.

      It is available here https://www.celent.com/insights/604232320

      Details
      Industry
      Capital Markets