Overstock (OSTK) - Get Overstock.com, Inc. Report CEO Patrick Byrne has had enough of internet retailing, and now wants to blockchain-ify Wall Street.

"We built a blockchain version of Wall Street," Byrne told TheStreet of his latest venture tZero, which is a blockchain rooted alternative trading system. "A lot of the mischief that happens on Wall Street goes away in a blockchain securities market because it reunifies the trade with the settlement - a lot of mischief is created when you separate those things."

Byrne, who since founding Overstock in 1999 has had his share of run ins with Wall Street characters, is so jazzed up about the new venture he has put Overstock on the sales block

"By February or March you will see an announcement on a course taken either selling [Overstock] to a bricks-and-mortar retailer or someone taking a strategic investment," Byrne said. Byrne revealed that he is leaning toward selling Overstock to a bricks-and-mortar retailer.

TheStreet Recommends

"The gods of economics want it - there are just unbelievable synergies," Byrne said of joining forces with a big box retailer.

Possible candidates, according to Overstock analyst Tom Forte, are TJX Companies (TJX) - Get TJX Companies Inc Report , Target Corp. (TGT) - Get Target Corporation Report and Costco Wholesale Corporation (COST) - Get Costco Wholesale Corporation Report . All of these players could use a digital powerhouse, and that's exactly what Overstock is, he said, pointing to a study that showed that Overstock.com had the fastest response time for users on Black Friday-faster than even Amazon.

Byrne added, "Since Amazon (AMZN) - Get Amazon.com, Inc. Report bought Whole Foods, there has been a freak out in boardrooms across America as everyone sees themselves as being disrupted by Amazon from retailers to media companies to logistics companies -- for a lot of those companies, buying us is a very attractive solution."

-Cathaleen Chen contributed to this story.

More of What's Trending on TheStreet: