Overstock-funded tZERO Crypto exchange will shut down March 6 By Cointelegraph

The tZERO Crypto trade, whose majority proprietor is Overstock (NASDAQ:), will shut down on March 6, the corporate introduced through Twitter on Feb. 3. The corporate says that it’s going to proceed to give attention to its regulated securities merchandise after the shutdown as the US Securities and Change Fee (SEC) and different regulators make clear the authorized standing of crypto belongings.

Headquartered in New York, tZERO is a monetary expertise firm that facilitates securities choices for personal corporations that wish to go public. Within the crypto neighborhood, tZERO is most well-known for providing tokenized shares or “digital securities,” which could be traded on a blockchain.