“Through a new operation it calls TØ.com, online retailer Overstock.com and its freethinking CEO, Patrick Byrne, have built a system for issuing, buying, selling, and even borrowing stocks and bonds on the blockchain.  Previously, TØ.com, an Overstock subsidiary, had used the system to issue a private bond to Byrne himself. TØ has been facilitating stock loans for the past two weeks, with five different customers borrowing stock, including Clique Fund. Tuesday’s transaction is the largest to date.  Overstock and TØ are also aiming to remake the public stock market as a whole. Their system provides a way for companies to issue stock, and it’s seeking SEC approval to do so publicly.”

http://www.wired.com/2015/10/hedge-fund-borrows-10m-in-stock-via-the-bitcoin-blockchain/

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