The Polymath securities token platform enables trillions of dollars worth of securities to migrate to the blockchain.

But we can’t power the security token revolution all by ourselves…

Last week we announced that Polymath has taken on an advisory role in tZERO’s US$250 million ICO.

The tZERO token will be a preferred equity token that is tradable at a regulated trading venue.

Polymath, founded in 2017, has advised the majority-owned subsidiary of Overstock.com on the functionality of the tZERO security token, its design, economic model and distribution.

tZERO has been building its regulated, blockchain-powered stock exchange for tokenized securities since 2014. It is already integrated with every U.S. equities exchange.

“We are doing something that has never been done before — creating the first ever regulated security token through the merging of blockchain and capital formation,” President of tZERO Joe Cammarata said in a press release.

Introducing the Security Token:

Securities tokens could one day dominate the token revolution most commonly associated with ICOs and “utility tokens”.

The ownership of equity, debt, funds, buildings, and any asset can be represented by securities tokens, similar to traditional forms of financial securities such as stocks, bonds, and pieces of paper denoting ownership. However, security tokens can deliver greater access, transparency, immutability, proof of ownership, and efficiency to real world assets than traditional forms of ownership.

But launching a security token today is an agonizing process. The infrastructure is not yet built to simplify the process and pull all of the necessary pieces together for a regulatory compliant security token offering. The Polymath security token standard (ST-20) is the new standard for security tokens, and part of the infrastructure we are building to greatly streamline the process of creating a financial security.

The Polymath ST-20 standard embeds regulatory requirements into tokens themselves, which restricts trading to only verified and authorized participants.

Polymath and tZERO are working together to improve financial markets through faster trade settlement, improved record-keeping, and displacing the countless middlemen who rack up exorbitant fees.

Polymath is excited to push the boundaries of decentralized technology with tZERO.

Stay tuned for more updates!