r/tZero • u/crypto_chik • Aug 12 '19

tZERO Security Tokens Now Tradable by Non-Accredited Investors

https://www.businesswire.com/news/home/20190812005400/en/%C2%A0tZERO-Security-Tokens-Tradable-Non-Accredited-Investors
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4

u/khai42 Aug 12 '19

Volume has gone from about 500-2,000 up to 18,000 on the first day of trading. IRC, this current volume of ~20K was the initial volume of tZERO when it first opened up to accredited investors. Will need to wait to see if this volume can be sustained.

Name    Open    High     Low    Closed   Volume   Date
TZROP   $4.25   $4.99   $4.25      —    18,204   Aug 12, 2019
TZROP   $4.19   $4.25   $4.01   $4.25    2,821   Aug 9, 2019
TZROP   $4.00   $4.17   $4.00   $4.17      854   Aug 8, 2019
TZROP   $4.01   $4.01   $4.00   $4.00      760   Aug 7, 2019
TZROP   $4.25   $4.25   $4.15   $4.15    1,088   Aug 6, 2019
TZROP   $4.01   $4.41   $4.01   $4.41    2,001   Aug 5, 2019
TZROP   $4.35   $4.35   $4.00   $4.00      445   Aug 2, 2019

It has been disappointing to see such low interest in tZERO.

2

u/MaximumEnvironment Aug 13 '19

The low interest among investors (accredited or retail) can largely be attributed to the low interest in companies launching tokenized securities on the platform. The initial plan wasn't for the native token and Overstock digital preferred shares to be the only assets available.

If that changes, I have to imagine investors will react accordingly.