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If anyone ever questions the true case of Ravencoin or even blockchain technology, you now have another test tool on your tool belt. The biggest transfer of digital tokens on the Ravencoin platform has just happened.
Doctors Ventures was able to perform a token transfer of digital securities that represented the amount of capital they hold in Chainstone Labs. The amount of $ 3.6 million is owned by Chainstone Labs for about 29%.
Doctors Ventures is a blockchain accelerator and they have a 3-part mission statement. The first is to democratize capital and allow every single human being, whether poor or rich, to participate in the markets. They want to eliminate the intermediary that creates prolonged transactions and immense fees. Finally, to advance blockchain technology to the point that trade is "re-humanized" for people.
Doctors Ventures is a subsidiary of Overstock Inc. Overstock CEO, Patrick Byrne, has invested more than $ 12 million in developing Ravencoin many months ago. The purpose of this investment was to make Ravencoin what it is today, a protocol where anyone can issue a security token and transfer funds without problems. Chainstone Labs is a digital security and asset management company. This is where everything becomes a complete circle.
"As we focus on securities tokens, it is natural that we have a digital equity security in our company." Bruce Fenton, CEO of Chainstone Labs.
