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TZero to Digitize and Trade $18M of Equity in Real-Estate Crowdfunder NYCE
TZero will support the secondary trading of NYCE's digital securities through its smart-contract technology.
Updated Sep 14, 2021, 1:19 p.m. Published Jun 30, 2021, 2:36 p.m.
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Security token trading platform tZERO is to digitize and trade around $18 million worth of equity in real-estate crowdfunding company NYCE.
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- The equity will be digitized once issued in NYCE's upcoming Regulation A+ offering, subject to regulatory approval, the company said Wednesday.
- NYCE was co-founded by the Danish soccer player, FC Barcelona forward Martin Braithwaite, and holds $260 million in assets under management through its real-estate portfolio.
- TZero will support the secondary trading of NYCE's digital securities through its smart-contract technology.
- Subject to due diligence, tZERO expects to trade NYCE shares through its broker-dealer subsidiary tZERO ATS.
Read more: Overstock’s tZERO Is Looking for a Buyer
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