Security token platform tZERO will cease operations on March 6, and users must withdraw funds by that date

04/02/2023 10:09

The security token platform tZERO tweeted that it will stop operations on March 6, and users must withdraw assets before March 6. tZERO stated that it will continue to focus on the regulatory securities business and bring compliant digital asset securities to the market, including legally offering encrypted assets on regulated securities platforms. tZERO believes that cessation of operations is not an exit, but to create future regulated digital assets and infrastructure. Foresight News previously reported that in January 2022, the U.S. Securities and Exchange Commission (SEC) imposed a fine of $800,000 on the security token platform tZERO for violating federal disclosure rules and required the latter to stop the violations thereafter.

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Mar 13
Operations of tZERO and its affiliated broker-dealers will not be affected by Signature Bank and banking services will be transferred to Member FDIC Bank
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NYSE Owner ICE Buys Stake in Security Token Platform tZero
The undisclosed investment will make ICE a significant minority shareholder in tZero, another sign of the narrowing divide between stocks and crypto assets.
CointelegraphMay 07, 2022 10:07 pm

Security token platform tZERO will cease operations on March 6, and users must withdraw funds by that date

More news about tzero

More news about tzero

NYSE Owner ICE Buys Stake in Security Token Platform tZero