GoldenSand Capital Completes its tZERO Equity Investment
Overstock.com, Inc. (OSTK)
Last overstock.com, inc. earnings: 11/12 08:00 am
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--tZERO, the global leader in blockchain innovation for capital markets, today announced that GoldenSand Capital (formerly known as GSR Capital), a private equity firm based in Hong Kong, has completed its $5 million equity investment in tZERO.tZERO CEO Saum Noursalehi stated, “GoldenSand Capital understands the value of tZERO and its mission to introduce greater efficiency and transparency to capital markets by leveraging blockchain and smart contract technology. We are excited to continue working with GoldenSand Capital to achieve this mission.”Overstock CEO Jonathan Johnson added, “tZERO is the crown jewel of Medici Ventures’ global keiretsu of companies. This investment validates tZERO’s vision of revolutionizing capital markets by creating a robust ecosystem that is powered by blockchain technology.”GoldenSand Capital Chairman Sonny Wu said, “tZERO is building the next generation capital markets platform, capable of tokenizing, trading and settling di
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