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Overstock’s VC Wing Leads $8.2M Funding Round in GrainChain

GrainChain, a commodities tracing platform that uses smart contracts to open up liquidity for low-income farmers, has raised $8.2 million in its latest funding round, the company announced Friday.Luis Macias said the money will bolster GrainChain’s burgeoning operations in Mexico, Honduras and the southwest United States. “This funding is really

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Overstock’s Former CEO Patrick Byrne Still Holds Major tZero Stake

After selling off all of his Overstock shares, former CEO Patrick Byrne is reportedly still holding a major stake in tZero, Overstock’s crypto token platform.Byrne still owns 63,775 shares in tZeroOverstock’s 2019 notice of special meeting and proxy statement, filed with the United States Securities and Exchange Commission (SEC)

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Overstock’s Crypto Division Invests $2 Million USD in Evernym

Troubled online retailer Overstock has invested $2 million USD in blockchain-based identity firm Evernym through its crypto division, Medici Ventures. Blockchain-Based Identity Technology Evernym was founded in Salt Lake City in 2013 and has developed a blockchain-based technology that allows organizations and governments to issue, accept, and verify credentials that operate similarly to a

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tZERO, Overstock’s Crypto Platform, Loses a Major Investor

Overstock’s security token platform, tZERO, has lost a major investor following the departure of CEO Patrick Byrne last week. Another Blow for tZERO During interim CEO Jonathan Johnson’s very first investor call in his new role, he confirmed that Makara Capital “will be not investing in tZERO right now.” However, he did mention that

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Overstock’s tZero Available For Trading By Non-Accredited Investors

Photo: tZERO / TwitterOverstock’s blockchain subsidiary tZERO announced that their security tokens are finally available for trading by non-accredited investors. Before that, the only one who could trade in digital securities were accredited investors.As per their announcement, preferred equity security tokens (TZROP), issued in a private placement in August

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Overstock’s tZERO Tokenizes Upcoming ‘Atari: Fistful of Quarters’ Movie

tZERO, the cryptocurrency wing of American retail giant Overstock, will tokenize forthcoming motion picture “Atari: Fistful of Quarters,” according to a press release published on July 9.Per the release, tZERO has partnered with the upcoming movie’s producers to develop a token dubbed “Bushnell,” which will be sold by the

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Overstock’s Blockchain Arm Receives $5 Mln From Chinese Firm Following Delays

Overstock’s blockchain subsidiary tZero has finally secured a $5 million investment from Chinese investment firm GSR Capital, Overstock announced on its latest earnings conference call on May  9.Following an investment in cash and marketable securities, Overstock evaluated tZero's worth at $1 billion, which is $500 million less than the

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