Overstock's tZERO securities-based token trading platform has not yet completed financing

Overstock's securities-based token trading platform, tZERO, still failed to complete the capital injection by the expected date. Overstock CEO Patrick Byrne said in a letter to shareholders on Thursday (April 18) that the $100 million investment led by Makara Capital and the Jinsha River was reached in February and is scheduled to be completed in mid-April. However, the capital injection has not yet been completed.