Retail investors will be able to trade on the platform starting Aug. 12, tZERO CEO Saum Noursalehi told CoinDesk. At that point, the one year lock-up period for tZERO’s 2018 security token offering (STO) will pass.
While the platform went live in January, only accredited investors – wealthy individuals and institutions – have been allowed to trade on it until now. Source
In a recent episode of The Scoop podcast with The Block’s Frank Chaparro and Ryan Todd, Bromberg said that more traditional assets will be tokenized, although “it’s way further out than people are giving it credit for at that time.” Bromberg’s own company specializes in token sales, counting well-known projects like Algorand and Filecoin as its clients. Source
In a recent interview, MERJ Exchange CEO Edmond Tuohy told Bloomberg that his company will list the first security token on a national stock market in the coming days. The listing will feature tokenized shares in MERJ Exchange itself, which is the only licensed securities exchange in Seychelles. MERJ operates markets for the listing and trading of equities, debt, derivatives, Forex products, and more. Source