Overstock.com will offer one million of its preferred shares for sale to stockholders on its online trading and trading platform , in a demonstration of the blockchain - based system 's functionality . At the same time , stockholders will also be given the chance to acquire shares of its Blockchain - A Preferred , to be traded exclusively on the platform . Overstock is planning the rights offering primarily to enable t0 to demonstrate the operation of the t0 platform, while providing Overstock’s stockholders of record the opportunity to participate. Overstock CEO J M Byrne said : " the history of capital markets is entering a new era , the era of blockchain - based trading . "
Overstock.com will offer one million of its preferred shares for sale to stockholders on its online trading and trading platform , in a demonstration of the blockchain - based system 's functionality . At the same time , stockholders will also be given the chance to acquire shares of its Blockchain - A Preferred , to be traded exclusively on the platform . Overstock CEO J M Byrne said : " the history of capital markets is entering a new era , the era of blockchain - based trading . "