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Bed, Bath and Beyond: From $17B Home Goods Icon to Crypto Failure

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Bed Bath & Beyond used to be the store where suburban America bought its towels. Now it’s a blockchain company trying to tokenize real estate. This is the full story of how one of America’s most beloved retailers went from coupon-stuffed mailboxes to Chapter 11 bankruptcy in 2023 — and then somehow came back as a crypto-adjacent fintech platform. From the meme stock frenzy to Ryan Cohen’s exit to Marcus Lemonis buying the brand for $21.5 million — here’s exactly how the blue coupon died and a blockchain company was born in its place. As of February 2026, the company has signed an agreement to acquire Tokens.com to build a unified real estate finance and tokenized asset platform.
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