Newly back from a leave of absence, Overstock CEO Patrick Byrne is already promising big blockchain news ahead.
Elsewhere, Byrne discussed how the company might monetize its blockchain R&D efforts and related investments.
Notably, Byrne said the company is open to all manner of ideas, including licensing its technologies, introducing paid products and even outsourcing its team for use by outside investors.
Overstock was one of the first online marketplaces to begin accepting bitcoin, and has since taken a leadership role adopting the digital currency’s blockchain to streamline Wall Street’s post-trade services.
Pete Rizzo contributed reporting.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.