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SEC Postpones Decision on Overstock-Affiliated Security Token Exchange

News The United States Securities and Exchange Commission is seeking more feedback and more time before it decides whether to approve the launch of the Boston Security Token Exchange (BSTX). In a letter published on April 1, the regulator postponed the current April 2 deadline in light of response..

Overstock Plots Global Expansion for Blockchain-Based Agritech Platform

News Overstock’s blockchain accelerator, Medici Ventures, announced a global expansion of the distributed ledger technology (DLT)-powered agritech platform GrainChain. Medici Ventures published a press release on March 27 announcing that GrainChain’s expansion will be executed in collaboration wit..

Overstock Sued by Shareholder Over Former-CEO’s $90 Million Exit

News Online retailer Overstock is facing a lawsuit from shareholder John Murphy over former CEO Patrick Byrne’s abrupt departure from the company and off-loading of $90 million worth of shares. According to Law360 on March 11, Murphy is seeking records under Section 220 of Delaware General Corpora..

Traditional Markets Remain Skeptical of TZero-Backed Security Token Platform

News The Boston Security Token Exchange (BSTX) is still looking to be approved by the United States Securities and Exchange Commission. The second amendment to its Oct. 11 filing, submitted on Feb. 19 and published on March 6, makes it explicitly clear that the security tokens will not have any ro..

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