tZERO Goes Full Court Press On Improving Security Token Adoption
tZERO’s joint venture with Boston Security Token Exchange was approved. The deal with BOX Digital Markets includes a rulebook for the first regulated blockchain-enabled national securities exchange facility, designed to improve market quality for new companies and faster settlement and more transparent blockchain data feeds. The approval was hailed as an “important milestone in establishing a digital infrastructure ecosystem that leverages the benefits of blockchain rails for next-generation capital markets” by tZERO and Boston Security Token Exchange (BSTX). With a focus on driving innovation, the exchange will give investors the chance to select accelerated settlement for securities listed on BSTX,…