Overstock Blockchain Spin-Off Raises $134 Million – With Millions More Committed

Overstock.com subsidiary tZero raised $134 million in its security token offering, the company said Thursday. The announcement – revealed as part of Overstock’s second-quarter results – was paired with a separate disclosure revealing that Hong Kong-based equity firm GSR Capital has agreed to invest as much as $400 million in both tZero and Overstock. TZero said […]

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Zambia, Overstock’s Medici Ink Deal on Blockchain Land Registry Pilot

Overstock’s blockchain subsidiary is partnering with the Zambian government to build a blockchain land title registry, the company announced Wednesday. Medici Land Governance (MLG), the blockchain-powered property rights subsidiary of Overstock.com, has signed a Memorandum of Understanding with Trevor Kaunda, the permanent secretary for the Ministry of Land and Natural Resources in Zambia. Under the agreement, MLG will […]

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Overstock is Generating $120,000 a Week in Cryptocurrency Revenue, Stock Surges 11%

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! Jonathan Johnson, a member of the board of directors of Overstock, the $1 billion online retailer based in the US, has stated that cryptocurrency is a much better payment method than credit cards for merchants. Significant Resources Required Due […]

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