Overstock’s SpeedRoute Acquisition Brings Blockchain to Wall Street

By August 27, 2015Bitcoin Business

blockchain technology, blockchain wall street, bitcoin technology Overstock recently completed the acquisition of SpeedRoute through its settlement platform subsidiary T0, effectively bringing blockchain technology to Wall Street. According to the SEC filing, SpeedRoute was purchased for approximately $30.3 million, consisting of approximately $11 million in cash and 900,000 shares of Overstock’s common stock valued at $19.3 million.

SpeedRoute was founded in 2000 and is a a brokerage firm or broker-dealer that buys and sells stocks, […]

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