Overstock takes steps toward issuing blockchain-secured stocks by purchasing a 25% stake in trading firm Pro Securities. Following their March application to the U.S. Securities and Exchange Commission (SEC) to issue US$500 million worth of blockchain-secured crypto stocks, Overstock has started securing the plan for the opening of their Medici stock market.
By acquiring a stake in a trading firm, which is rumored to be valued at US$250,000, Overstock has lined up the “alternative trading […]
