tZERO
SEC Approves First National Blockchain-powered Boston Security Token Exchange

SEC Approves First National Blockchain-powered Boston Security Token Exchange

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A joint venture between the Boston Options Exchange (BOX) and crypto tokenization firm tZERO has been granted regulatory approval to operate a bourse utilizing blockchain tech for its settlements and market data.

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tZERO Group, Inc., a leading innovator in blockchain-powered multi-asset infrastructure, today announced that the required majority of the holders of its Preferred Equity Tokens, Series A (“TZROP”) have approved the conversion of each share of TZROP into three shares of tZERO Series B preferred stock and eight shares of tZERO common stock.
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tZERO Group, Inc., a leading innovator in blockchain-powered multi-asset infrastructure, today announced that the required majority of the holders of its Preferred Equity Tokens, Series A (“TZROP”) have approved the conversion of each share of TZROP into three shares of tZERO Series B preferred stock and eight shares of tZERO common stock.

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