Overstock’s TØ Blockchain to See First-Ever Public Issuance of Equities
Genesis Mining has successfully settled the first peer-to-peer Bitcoin transaction in space with the help of a weather balloon. A few weeks ago, the team at Genesis Mining, the Bitcoin mining company which was founded in 2013, travelled to the United Kingdom to launch a 3D model of a Bitcoin embedded with a Bitcoin paper wallet into the stratosphere. In its first launch the space balloon reached the Armstrong Limit, or an altitude of 20 kilometers, successfully taking the physical Bitcoin into space to settle a Bitcoin transaction. In its second launch, the space balloon surpassed the 34....
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Overstock.com’s blockchain-based trading startup, TØ, has announced its partnership with the Keystone Capital Corporation. The collaboration marks the first public issuance of blockchain equities. Keystone Capital and TØ’s Public Blockchain Equities. On September 14, Overstock’s TØ was selected by Keystone Capital Corporation to use its blockchain....
Described by Overstock’s communications director, Judd Bagley, as a platform for trading “widgets” whose first use case will be equities - stocks and bonds, t0 which has been touted to be the world’s first Blockchain-based platform to issue equities and usher global financial system into a new age may be operational by December 2016. The t0 issuance and trading platform is developed by a Overstock’s majority-owned financial technology subsidiary, t0. At the Money 20/20 conference in Las Vegas, Bagley hinted on Monday October 24 at t0’s advantages over traditional equities trading systems....
Overstock.com, Inc. will allow its stockholders to purchase shares of its preferred stock, including those to be issued and traded exclusively using the bitcoin-based “T0” platform the company developed for trading equities. The announcement marks a major step in the company’s efforts to offer a bitcoin blockchain-based trading system for equities. The company noted in a press release that it is making the offering to demonstrate its T0 platform, while providing its stockholders the opportunity to participate. Overstock’s communications director, Judd Bagley, hinted during the Money20/20....
The Sydney Stock Exchange (SSX) has successfully prototyped its open blockchain ledger for real-time issuance and allocation of equity security, within a month after confirming the project. Following its mid-September confirmation that it is pressing ahead to build an open, public blockchain platform that will reduce settlement times of trades and equities, the Sydney Stock Exchange has now tested its prototype blockchain ledger successfully. The announcement came via the APX Settlement Private Limited (APXS), a joint venture between the SSX and blockchain consultant Bit Trade Labs to....
Counterparty, one of the first Bitcoin 2.0 platforms in existence, has come a long way since its flaming entrance into the market in 2014. To create Counterparty on top of the Bitcoin blockchain, 2,100 bitcoins were “burned.” Since then, Counterparty has established itself as a go-to platform for p2p digital asset exchange. In fact, almost two-thirds of Bitcoin 2.0 startup crowdsales have been completed on the Counterparty platform in a never-before-seen, decentralized manner. Counterparty has now teamed up with MathMoney f(x) to launch symbiont.io, a fintech company looking to build the....