Tagged: barbados

Bitt Digital, Part of Overstock’s Medici Ventures, Becomes First Company to Exit Central Bank of Barbados Sandbox

Bitt Digital Inc., a portfolio company of Overstock’s (NASDAQ:OSTK) Medici Ventures, has become the first company to successfully complete the regulatory sandbox by the Central Bank of Barbados and the Financial Services Commission. Medici Ventures invested $4 million in Bitt in early 2016. The investment… Read More

Overstock: Medici Ventures Blockchain Portfolio Company Bitt Appoints Brian Popelka as President

Medici Ventures, part of Overstock (NASDAQ:OSTK), has announced that portfolio company Bitt has appointed  Brian Popelka as President of the Fintech firm. Bitt is based in Barbados and is developing a digital currency ecosystem that seeks to provide a decentralized banking and payment platform. Bitt’s mMoney digital… Read More

Barbados Fintech Bitt Announces Investment Partnership With Overstock.com

Bitt, a Barbados-based fintech company, announced this week it closed its Series A investment round with an investment from retail giant Overstock.com of $16 million, placing the company’s valuation at $50 million. Founded in 2013, Bitt states it utilizes distributed ledger technology to improve speed, efficiency,… Read More

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