Overstock.com is an online retailer that sells a wide range of goods. At its origins, it was a platform for selling the surplus of electronic goods or those which had been returned, but it then started to offer new products, which have attracted more of the public. The platform was founded in 1999 by Patrick Byrne, who is the current CEO of the company. The company is headquartered in the USA. In 2014, it became the first major retailer to start accepting Bitcoin as a form of payment. By 2017, the company had launched the Medici Ventures department, specializing on blockchain and its technologies, while also entering into a partnership with an exchange platform so that they can allow their customers purchase items with over 40 other kinds of virtual currencies. Overstock donates 4% of its Bitcoin revenue to various foundations involved in advocating for the use of cryptocurrency.
Overstock’s tZERO platform has commenced trading Aspen’s digital security.
Aspen launches on tZERO amid record security token volume
As protests rage in Belarus and Alexei Navalny remains in a coma, we look at new developments in crypto across the former USSR.
Law Decoded: Blockchains and the Eastern Bloc, August 14–21
New details of the salacious Butina–Byrne romance that led the Overstock CEO to resign emerge in the latest volume of the Senate's Russia investigation.
Senate Says Jailed Russian Spy Bonded With Overstock CEO Over Bitcoin Hoping to Get to Rand Paul
Despite early hype, real estate tokenization has failed to garner significant momentum, leading some to question its future viability.
Tokenized Real Estate Hasn’t Lived Up to the Hype: Property Researcher
Recent second quarter financial reports show big growth for Overstock — the same quarter the company gave its security token to investors as a dividend.
Overstock's Blockchain Ventures Booming in Q2
Japanese financial giant SBI Holdings has acquired a 10% stake in Nomura’s digital security platform Boostry.
SBI Moves Into Security Tokens as Secondary Markets Pump
As real estate security tokens grow in popularity, tZERO has partnered with Aspen Digital to support trade in a five-star resort-backed token.
tZERO Platform Sees 1,500% Growth, Lists ASPEN Token