Search Inside Bitcoins

Home news270 million chinese firm backs overstock blockchain subsidiary in record investment

$270 Million: Chinese Firm Backs Overstock Blockchain Subsidiary in Record Investment

Updated: 14 August 2021

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

GSR Capital, a Chinese private equity firm is set to establish what would become the largest ever single investment in a blockchain platform. The investment by GSR Capital will see it acquire about 3.1 million shares of US-based Overstock, amounting to about 10% in overall shares of the company. A Fragmented Procedure As contained in

The post $270 Million: Chinese Firm Backs Overstock Blockchain Subsidiary in Record Investment appeared first on CCN

Join Our Telegram channel to stay up to date on breaking news coverage

Iyke Aru

View all posts by Iyke Aru

Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. Note that the content on this site should not be considered investment advice. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site.

$270 Million: Chinese Firm Backs Overstock Blockchain Subsidiary in Record Investment

Read next

Social Video App Cheez Now Offering Cryptocurrency Rewards

Read next

Related News