Overstock Blockchain Subsidiary Medici Ventures Invests $8 Million in Bitt Giving it Controlling Interest
Medici Ventures has invested $8 million into Bitt, a Barbados-based company. The equity investment into Bitt effectively gives Medici control of the company. Medici Ventures is a wholly-owned subsidiary of Overstock (NASDAQ:OSTK) that focuses on blockchain technology. Bitt was founded in 2013 as an infrastructure… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged barbados, bitt, brian popelka, cbdcs, jonathan johnson, medici ventures, overstock
