August 10, 2018 BY Valentina Kirilova

GSR Capital to invest in tZERO at $1.5 billion valuation

Overstock.com, Inc. (NASDAQ:OSTK) and t0.com, Inc. (tZERO) have announced that the companies have both signed term sheets with GSR Capital, a Hong Kong based private equity firm, to invest up to $374.55 million in exchange for common equity in blockchain subsidiary tZERO and common equity in Overstock.com. Overstock and GSR Capital have also entered into…

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