Keystone Capital Corporation has announced a license agreement with Overstock’s subsidiary to use its blockchain trading technology for offering trading account and brokerage services to investors.
If Overstock.com fulfils the public offering it plans, its shareholders will get an opportunity to buy blockchain or traditional stock.
While R3 CEV blockchain consortium attracts new members, Overstock.com’s CEO Patrick Byrne warns that the initiative can stifle innovation.
Getting an approval from the SEC is a part of a large cryptofinance initiative of Overstock called Medici.
Various sources close to Overstock say that the U.S. Securities and Exchange Commission has approved a S-3 filing for Overstock.com to issue new publicly traded shares on the Bitcoin blockchain.
The new platform tØ promises to change financial market by enabling instantaneous transactions.
Overstock.com came up offering cryptosecurity based on the bitcoin blockchain.
Cryptobonds to be issued on the company’s newly-developed platform TO.com
Overstock works together with PRO Securities to present new blockchain-related technology.
Major online retailer Overstock is planning to issue new kind of securities that will be developed with the use of technology behind cryptocurrencies.
Microsoft is now accepting Bitcoin as a payment option to buy apps, games, and other products for Windows, Windows Phone, and Xbox. Check the Coinspeaker’s list of 10 other large websites now accepting bitcoin, along with each company’s Alexa Global Rank, indicating their Web traffic ranking.
Overstock.com plans to develop cryptosecurities stock exchange that will allow retailers to issue their corporate stock over the internet.