Overstock: Broker-Dealer Deal Will Open Blockchain Securities Floodgates

Overstock: Broker-Dealer Deal Will Open Blockchain Securities Floodgates

It will only take one broker-dealer to usher in the era of distributed securities settlement, according to Overstock's blockchain innovation lead. Once the technological barriers of connecting the platform to a blockchain are crossed and the regulatory climate has been navigated, Johnathan Johnson expects a floodgate of securities professionals looking to cut out pricey middlemen to open. Overstock's signature blockchain project, tØ, announced this week it had signed Keystone Capital Corporation to be that partner, and with the move, it believes it's one step closer to that new era. In new....


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