TZero, a subsidiary of Overstock, announced on Wednesday, September 27, the launch of the first exchange that will provide a platform for the exchange of tokens issued in the initial crypto derivative (ICO) offers that comply with the guidelines of the Commission of Securities and Securities Regulatory Authority (FINRA) of the same country.
The exchange will be launched in partnership with RenGen LLC and Argon Group.
In short, the exchange will offer a legally approved and regulated alternative to a major ICO stock exchange, such as the New York Stock Exchange and the Nasdaq.