T ZERO is a financial technology company which owns, develops, and operates a suite of fintech solutions for capital markets. It is blockchain-focused subsidiary and trading platform that supports equity tokens.The tZero product offering consists of brokerage services, electronic private market place, digital brokerage, and Blockchain project development.
The platform integrates cryptographically secure distributed ledgers with existing market processes to reduce settlement time and costs, increase transparency, efficiency, and auditability.
The company was established by Patrick Byrne, the founder of Overstock.com.
An investor from Canada has sued Overstock along with its ex-CEO and ex-CFO for securities fraud. He says that the company made false statements and manipulated the stock price.
In recent news, Patrick Byrne, the long-time CEO of Overstock has announced in a letter to shareholders, that he is stepping down from his position. His position will be temporarily replaced by Jonathan Johnson.
