Express

Overstock Airdropped 4.37M Security Tokens To Shareholders

Summary: Overstock has successfully distributed its ‘digital dividend’, issuing ‘OSTKO’ security tokens to its stockholders on a basis of one digital token for every ten company shares owned on May 19.In total, 4.37 million OSTKO tokens were airdropped to shareholders via transfer agent Computershare according to account balances as of April 27.Overstock claims that the airdrop ...

Overstock has successfully distributed its ‘digital dividend’, issuing ‘OSTKO’ security tokens to its stockholders on a basis of one digital token for every ten company shares owned on May 19.
In total, 4.37 million OSTKO tokens were airdropped to shareholders via transfer agent Computershare according to account balances as of April 27.
Overstock claims that the airdrop was conducted to bolster liquidity on its security token exchange, tZERO (TZROP).

Tracy Chen