kaal:claim:3411110-006

The defining legal difference between the Overstock offering and a traditional offering is that the purchaser had to hold the record directly as beneficial owner and could not delegate custody to the broker, so the securities were not held in street name.

The core difference between the OSTK offering and a traditional securities offering is that the purchaser of OSTK must hold the record directly and as beneficial owner of the securities could not delegate the authority to hold the securities to the broker

Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019), II. Overstock Blockchain Securities Offering, p. 8
https://ssrn.com/abstract=3411110 · source PDF

Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019). SSRN: https://ssrn.com/abstract=3411110

• Overstock Series A digital securities traded on the PRO ATS

definitionalsupport: argueddefi

The quote above is an exact substring of the source PDF, whose sha256 is c7626eeb7642045b79f8745df1f7232a8fe8bc44a1f7e87b592850e35b392b50. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/6d34239604c248d3...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3411110-006.md | sha256sum