Hong Kong VC GSR Capital Invests $160 million in tZERO Security Tokens

GSR Capital, a Hong Kong-based venture capital firm, has entered into an agreement with security token exchange t0.com Inc. (tZERO) for a purchase of US$160 million in tZERO Security Tokens at a price of US$10.00 per token, according to the announcement by Overstock.com Inc., an online retailer and the parent company of tZERO.