Industry veteran John Gilchrist joined Herzog Heine and Geduld in 1987, responsible for all trading and clearing technology/systems as well as all operating systems. After Herzog was acquired by Merrill Lynch John was responsible for Merrills NASDAQ market making and DMA offerings. Has been with SpeedRoute since its inception in 2010.
Additional advisors to be announced
During his tenure as Overstocks president, Noursalehi led the introduction of machine learning and artificial intelligence to create market-leading efficiencies while also providing customers with a personalized shopping experience.
CEO and Founder of Decentral and Jaxx
On June 29, 2018,tZERO announcedthat it had extended the offering until August 6, 2018.
Before joining Overstock, Noursalehi worked as a software engineer at the Utah Administrative Office of the Courts, Brooks Automation, and technology startup Infopia. Noursalehi received a Bachelors Degree in Computer Science from the University of Utah, has been profiled in publications such as Wired, and was a recipient of the 2015 Utah Business Forty Under 40 award honoring Utahs top up-and-coming professionals.
Our platform integrates cryptographically secure distributed ledgers with existing market processes to reduce settlement time and costs, increase transparency, efficiency and auditability.
Industry veteran John Gilchrist joined Herzog Heine and Geduld in 1987, responsible for all trading and clearing technology/systems as well as all operating systems. After Herzog was acquired by Merrill Lynch John was responsible for Merrills NASDAQ market making and DMA offerings. Has been with SpeedRoute since its inception in 2010.
tZERO plans to change the world. We hope that you join us.
This information overview is not an offer to sell, or a solicitation of an offer to buy, any security. The offer of tZERO tokens is being made solely by means of a confidential Offering Memorandum and only to such persons and in such jurisdictions as are permitted under applicable law. The Offering Memorandum includes risk factors and other important information for potential purchasers.
Alex is the Chief Administrative Officer of tZERO and COO of SpeedRoute. He brings over 17 years of experience in institutional business development, international and domestic order routing, trading systems and brokerage. Alex was formerly with Bank of New York through multiple positions and acquisitions. His understanding of market structure, technology, and institutional clients make him instrumental to T0s operations.
Our modular, adaptable platform integrates with trade participants to create a real-time, authenticated, immutable ledger.
tZERO Tokens when offered and sold will not be registered under the US Securities Act of 1933 (the Securities Act), the securities laws of any state, or any other jurisdiction, nor is such registration contemplated. tZERO Tokens will be offered and sold pursuant to one or more exemptions from the registration requirements of the Securities Act and any other applicable jurisdiction. In all jurisdictions, the offer to sell and solicitation to buy of tZERO tokens is directed solely to qualified institutional investors, qualified professional investors, and those other sophisticated persons to whom offers and solicitation may be made without any licensing, registration, qualification, or approval under applicable law (Qualified Person). This website does not constitute an offer, distribution, solicitation, or marketing to any non-Qualified Person [and is not an offering to the retail public in any jurisdiction where such offering is unlawful]. You should disregard this if you are a non-Qualified Person. If you are in doubt as to your status as a Qualified Person, click for additional disclosure and information.Selling Restrictions
tZEROs DLR software has been designed to make securities lending activities of our licensees compliant, more transparent, and more efficient from both a cost and operational perspective. This can help existing market participants improve their workflow while allowing new types of customers to participate.
tZERO will enter into Simple Agreements For Equity (SAFEs) only with accredited investors pursuant to the terms and conditions set forth in the Offering Memorandum, dated March 1, 2018, for the Token Sale.
Daiuto, Jr. is an accomplished attorney and business leader with over two decades of experience in the securities industry, managing several broker-dealers and innovative technology companies and overseeing their daily operation, including legal, compliance, and regulatory matters. Ralph is currently the COO and General Counsel tZERO. He is admitted to practice law in the states of NY and NJ, as well as the U.S. District Courts in the Southern and Eastern Districts of NY and the District of NJ.
Brian is the COO of both SpeedRoute, LLC and its affiliate broker-dealer ATS, PRO Securities, LLC. He brings over 30 years of diverse industry experience, starting at the PHLX where he ultimately managed trading operations for several major firms, on to managing electronic trading desks at several respected firms on Wall Street. He brings this breadth of brokerage experience to bear in overseeing SpeedRoute and PROs compliance programs, regulatory responsibilities and daily trading operations.
Prior to this role, Noursalehi served as president of Overstocks retail business, where he leveraged data and technology to provide customers the best price, assortment, and convenience in the rapidly expanding home goods category. Noursalehi is also a member of Overstocks Board of Directors, to which he was elected in 2017.
IMPORTANT DISCLOSURE No Registration
tZEROs Security Token Front-End is designed to trade security tokens in an easy, compliant, and user-friendly manner. This system is integrated with tZEROs existing 15c3-5 risk management software, order management system, matching engine, and a plethora of proprietary technology to support the eventual trading of security tokens.
In 1999, Patrick M. Byrne launched . In 2016, Overstock had revenues of $1.8 billion. In 2012, Byrnes pro-freedom political orientation challenged Overstock to become the first online retailer to accept bitcoin for payments. In 2015, Byrne used Medicis m trading platform to become the first person to purchase a digital bond entirely on the blockchain, and in 2016 Overstock was the first company ever to issues shares of a public company on an ATS.
Anthony Di Iorio is a serial entrepreneur, venture capitalist, community organizer, and thought leader in the field of digital currencies, blockchain and decentralized technologies. He is the founder and CEO of Decentral and Jaxx, and co-founder of the Ethereum project, which hit a $35B USD market cap earlier this year. He previously served as the Chief Digital Officer at the Toronto Stock Exchange / TMX Group.
tZEROs Private Offering for the tZERO Security Token is currently underway.
Steve Bailey is Chief Financial Officer and the FINOP of both SpeedRoute, LLC and its affiliated broker-dealer ATS, PRO Securities, LLC, and a Finance Controller for the parent company , Inc. He has worked in the Finance Department or on Securities Lending trading desks of various banks and broker-dealers for over 20 years, in London and New York. Prior to working in London, he was a Senior Investigator with the Inland Revenue Department in New Zealand.
Co-Founder, Shake and Bake Productions
Saum Noursalehi is the CEO of tZERO, a global leader in the development and commercialization of blockchain-based financial technology. As CEO, Noursalehis focus is on accelerating the implementation of tZEROs fintech products, including its Security Token Trading and Digital Locate Receipt platforms, as well as the creation of the industrys first regulated Security Token exchange.
BK Capital Management, Founder & CEO
Please feel free to reach out to tZERO with any questions, comments, or ideas.
Mr. Quall is the Chief Financial Officer of tZERO. Prior to joining tZERO, Mr. Quall worked ten years for Virtu Financial Inc. and predecessor companies, KCG Holdings, Inc. and Knight Capital Group, Inc. (collectively Virtu) where he was responsible for all controllership and accounting functions for the parent company, BondPoint, a fixed income electronic trading platform and HotSpot FX, a foreign currency electronic trading platform. Prior to Virtu, Mr. Quall was the manager of technical accounting and internal control of MarketAxess Holdings, Inc., an electronic trading platform of fixed income securities. Mr. Quall is Certified Public Accountant in New York State, a Chartered Global Management Accountant and holds a Series 27 securities license. For three years, Mr. Quall served as a Director of the New York State Society of CPAs. Mr. Quall began his career at the accounting firm of Deloitte LLP, where he was a Senior Manager.
CEO & Co-Founder of Nuco & Founder, AION
As CRO and board member of , ms financial technology subsidiary – Raj was instrumental in the issuance and sale of the worlds first digital bond in 2015, and in 2016, issuing the worlds first publicly traded digital security, which settled same day using the tZERO platform. Before joining Overstock, Karkara was the Director of Global Strategic Product Development at MasterCard, focusing on global mobile payments and mobile identity solutions.
Noursalehi has also been responsible for the creation of several other core technologies for Overstock since joining the company in 2005. These advancements include in-house search and recommendation engines, product sort algorithms, and a vendor application designed to optimize product content. He also spearheaded the implementation of automated email campaigns based on customer behavior. Additionally, he led a full redesign of both the desktop and mobile websites, and oversaw the development of Overstocks mobile apps, which have won six consecutive Mobile Web Awards from the Web Marketing Association, as well as the 2018 Appy for Best Retail App.
tZERO is actively working to develop new technology that will help make markets more efficient, more transparent, and more liquid. We believe that tZERO has the potential to democratize, expand, and strengthen capital markets through the use of technology, with a focus on Blockchain technology.
