TechFlow news, according to data from tZERO's official website, its security token TZROP has risen over 122% in price within one month and surged 426% year-to-date, currently priced at $5. Notably, its parent company Overstock has seen its stock price climb from a March low of $2.50 to $93 today, an increase of 37 times.
tZERO is a STO exchange under U.S. publicly traded company Overstock. TZROP, issued based on the ERC-20 standard as its security token, has been sold to qualified investors in compliance with U.S. and international regulations and distributes 10% of total revenue quarterly to token holders.
tZERO's core product is its alternative trading system software, tZERO ATS, a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC), designed to facilitate trading of security tokens and U.S. equities. Digital securities traded on tZERO ATS are conventional unregistered securities, with ownership recorded in the traditional books and records of regulated market participants.
