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

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

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

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