Topic: 2015-06-07 CT Overstock Offers 25M$ Corporate Bond For World’s First Crypto Sec. (Read 574 times)
June 07, 2015, 04:48:42 PM
Sounds very exciting; can't wait for it to effect the layman securities trading.
June 07, 2015, 02:27:42 AM
Can somebody explain this like I'm a 5 year old? Is this just using colored coins basicly? Their in no way buying bitcoins correct? Except for the dust amount required to make a colored coin representing the bond?
Don't get me wrong, this is another step in the right direction.
Don't get me wrong, this is another step in the right direction.
You are right. They will use open asset protocol, specifically colored coins.
June 06, 2015, 04:35:38 PM
Can somebody explain this like I'm a 5 year old? Is this just using colored coins basicly? Their in no way buying bitcoins correct? Except for the dust amount required to make a colored coin representing the bond?
Don't get me wrong, this is another step in the right direction.
Don't get me wrong, this is another step in the right direction.
June 06, 2015, 03:51:42 PM
Overstock has become the first company to offer $25 million worth of corporate bond, as crypto securities to qualified institutional investors. The offering is part of the company’s bitcoin blockchain-based initiative called Medici.
http://cointelegraph.com/news/114490/overstock-to-offer-25m-corporate-bond-as-the-worlds-first-crypto-security
http://cointelegraph.com/news/114490/overstock-to-offer-25m-corporate-bond-as-the-worlds-first-crypto-security
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