Overstock Announces Cryptosecurity Exchange And World’s First Crypto Bond
Overstock.com begins selling $25M worth of the first-ever crypto-bond, to institutional investors, and announces a new exchange exclusively for cryptosecurities.
Overstock Purchases 24.9% of Unknown Broker-Dealer
The company behind the Medici project that aims to use Bitcoin and blockchain technology to bring a stock exchange and stock ownership to the decentralized network, declared the acquisition in its annual 10-K filing with the SEC.
Counterparty Team Overstock
The founding team of Counterparty announced that they are no longer working with Overstock on building Medici, the platform that Overstock CEO Patrick Byrne hopes will be a replacement for the existing stock market infrastructure involved central securities depositories and global custodians.