Nasdaq Could Help Overstock Push Blockchain Tech into Financial Mainstream

Nasdaq Could Help Overstock Push Blockchain Tech into Financial Mainstream

Nasdaq has become one of the first multinational financial services companies to delve into non-currency usage of blockchain technology. On Monday, May 11, the company announced that it would begin to leverage the colored coin protocol Open Assets to "expand and enhance the equity management capabilities offered by its Nasdaq Private Market platform."....


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Overstock has confirmed that Nasdaq is not using its tØ blockchain platform to clear trades. Rumours suggesting that Nasdaq - which unveiled its own blockchain-based platform last week - was using the online retailer's blockchain platform to settle trades first surfaced on Reddit earlier today. However, a representative from Overstock told CoinDesk: "That thread is completely mistaken. NASDAQ is doing something similar to, but not using our platform." First announced in May, Nasdaq Linq will facilitate the transfers and sale of stock in private companies. The product is currently being....

Overstock Files Crypto Stock Exchange Prospectus with the SEC

The Salt Lake City-based online retailer Overstock is working on a revolutionary new development: a new independent stock exchange powered by Bitcoin technology. The new stock exchange could sidestep traditional stock exchanges such as NYSE and NASDAQ and issue corporate stock directly over the Internet. Overstock, one of the first and largest online retailers to accept bitcoin payments, first announced the project in October 2014. "There is an opportunity to recreate the financial world as we know it in the parallel universe that is the blockchain," Overstock's CEO Patrick Byrne told....

Retail Giant Overstock to Issue its Own Stock on Blockchain Platform

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Overstock's tØ Acquires Broker Firm for Wall Street Disruption

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Nasdaq to Push Forward with Blockchain Applications

On May 11, the leading stock exchange Nasdaq announced that it would begin experimenting with the blockchain technology that powers Bitcoin. The Wall Street Journal reported that Nasdaq will start with a pilot project in Nasdaq Private Market, a recently launched marketplace that handles pre-IPO trading among private companies. "Utilizing the blockchain is a natural digital evolution for managing physical securities," said Nasdaq CEO Bob Greifeld in the announcement. Speaking with The Financial Times, Greifeld noted that he wants Nasdaq to be "a leader in the field." He added that the....