Beyond, Inc. (BYON)

[drobx]

This discussion brings out a lot of the issues with securities tokens. I was reading along feeling good about getting educated when suddenly someone refers to tZERO as having been a failure. I guess I knew it wasn't a raging success, but it still took me aback a little.

https://www.theblockcrypto.com/2019/06/22/a-conversation-with-carlos-domingo-ceo-and-founder-securitize/

Here is the relevant part. The transcript treats the mention of tZERO as inaudible, but it is clear if you listen. My insertions are in bold:

Frank Chaparro [mislabeled, it sounds like Carlos Domingo] So these few companies in the U.S. that have a license for eight years and there is only three that I’m aware of that have actually launched and are trading security tokens today. Open Finance was the first one that launched in November and they are currently trading for tokens for them issued with our compliance protocol. So they are all coming from Securitize customers. Then SharesPost. That has been doing an […] idea for a long time for private securities and then they are now moving to a security tokens that have been trading only one token, blockchain capital token, Cap token which is again issued with Securitize. And then the third one is […] [tZERO] which launch I think it’s January/February this year…

Frank Chaparro That’s been a failure, right?

Carlos Domingo Only with their own token. I wouldn’t comment on that. [laughs]

Matteo Liebowitz No comment.

Frank Chaparro Why don’t you have a comment?

Matteo Liebowitz No investment advice on this podcast.

Frank Chaparro That’s not investment advice to say that…

Carlos Domingo Subjective comment. If you want to…