Overstock.com Launches Into ICOs
Salt Lake City-based e-commerce firm Overstock.com has launched itself into the new initial coin offering (ICO) market, and said on Tuesday that it will sell 500 million digital tokens through its own ICO. The company--an early adopter of Bitcoin--said the ICO will go to fund a subsidiary which will allow companies to trade digital tokens. Initial coin offerings (ICOs) use the technical basis of Bitcoin, called Blockchain, to help companies raise money.
posted on Tuesday, October 24, 2017
Related companies:
Overstock.com
Related stories:
> Overstock.com Launches iPad App
> Overstock.com Gets $100M In Commitments For New Blockchain Effort
> Overstock.com Launches Dining Rewards Club
> Overstock.com Launches O.Co Domain
> Overstock Launches Private Sale Site, Eziba
Techrockies.com Home