OSTK

Overstock.com (NASDAQ:OSTK)
Market cap: US$1.06 billion; current share price US$26.23

Overstock.com was among the first US retailers to accept bitcoin. Overstock.com was founded in 1999 with the name Deals.com. In 2018, the company introduced tZERO, a security token trading platform, allowing accredited investors to trade tokens through broker-dealer Dinosaur Financial Group. The tZERO security token offering in August 2018 raised US$134 million.

In addition to its tZERO token, Overstock.com has developed Medici Ventures, a subsidiary that invests in blockchain ventures spanning from finance to agriculture. In December 2018, Medici Ventures acquired aUS$2.5 million stake in GrainChain, an agricultural blockchain company that tracks the distribution of harvest production.

Not long ago, Medici Ventures defended Voatz, a keiretsu company of Medici Ventures, and its use of mobile voting technology. “Voatz is the first and only voting app available for consideration to election officials exploring additional technology for better voting access,” stated Jonathan Johnson, CEO of Overstock.com and president of Medici Ventures. Johnson believes that the technology protects against voter fraud and ensures the privacy of every voter.

Overstock.com reported Q4 2019 revenues of US$370.9 million.