Showing 2 Result(s)

A look into tokenised securities

January 11, 2022, 3:11PM EST • 10 min read Quick Take Tokenised securities first launched in December 2020 but are still struggling to gain traction with users. Mirror Protocol historically dominates the competition regarding user activity and trading volumes. The market for tokenised securities makes up a relatively small fraction of the equivalent equities markets. Join The Block Research for exclusive research like this Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and …

tZERO settles with SEC over late filings under ATS rules

The Securities and Exchange Commission is fining tZERO, a leading platform for security tokens in the US, for off-market trading. Per a January 10 order, the SEC says that tZERO made a number of errors in its filing of disclosures. tZERO operates as an alternate trading system, which has different filing requirements than a typical securities exchange. According to the settlement, tZERO failed to disclose several changes to its operations within the normal timings. These include the use of non-U.S. …