#3 - Overstock (NASDAQ:OSTK)
The markets have been kind to Overstock (OSTK) for the last several months, primarily because of its growing focus on cryptocurrencies and blockchain technology.
One of its divisions, Medici Ventures, has quietly been working on blockchain technologies for the last three years. According to its website, Medici focuses on “six key areas of emerging crypto-industries” — capital markets, money and banking, identity, land, voting and underlying tech.
Overstock has a a number of portfolio companies dedicated to working on blockchain technology, with tZero being the most prominent. TZero will soon be launching an initial coin offering (ICO) to fund the development of SEC-compliant trade tokens as an an alternative to traditional financial markets.
About Overstock.com
Overstock.com, Inc operates as an online retailer in the United States. It offers furniture, décor, area rug, bedding and bath, home improvement, outdoor, and kitchen and dining items. The company provides its products and services through its internet websites comprising overstock.com, o.co, overstock.ca, and overstockgovernment.com.
Read More - Current Price
- $0.00
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
