tZERO secures US$5M equity investment
BraveNewCoin, 23 April 2020
tZERO is Patrick Byrnes’ attempt to utilize blockchain technology to replace traditional institutional market structures.
Project Medici intends to create a blockchain-based securities exchange, and Byrne had stated that he was interested in listing Overstock securities on a blockchain-based exchange. The project was officially announced on October 6th at the Inside Bitcoins Las Vegas conference.
The long term goal was to compete with the Depository Trust and Clearing Corporation (DTCC).
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Patrick M. Byrne
INDEPENDENT INSTITUTE, 07 April 2017
Patrick M. Byrne is the Founder and former CEO of Overstock.com, that had revenues in 2016 of $1.8 billion and its sixth out of seven straight years of profitability. He holds a certificate from Beijing Normal University, a bachelor’s degree in philosophy and Asian studies from Dartmouth College, a master’s in philosophy from Cambridge University as a Marshall Scholar, and a doctorate in philosophy from Stanford University.
Byrne has served as a Teaching Fellow at Stanford University; Chairman, President and CEO of Centricut, LLC; and Chairman, President and CEO at Fechheimer Brothers, Inc., a Berkshire Hathaway company. Continue reading “Article: Patrick M. Byrne”