At the end of October, tZero, the leading alternative trading system for security tokens, announced it had been chosen as the trading venue for a $300 million data infrastructure technology fund from Tynton Capital, a venture capital and private equity fund manager.
Once this offering is complete, it will be a sizeable addition to a still small and rather self-enclosed market in security tokens.
Securities token offerings (STOs) have replaced initial coin offerings (ICOs), which burst onto the technology investment landscape in 2017 and 2018 when blockchain-based businesses raised large sums by selling to investors utility tokens to use on their platforms.
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