Tagged: medici ventures

Overstock Sub Medici Ventures Invests in GrainChain Blockchain Startup

GrainChain, a blockchain startup for documenting agricultural yield and handling payments, has received an equity investment from Overstock (NASDAQ: OSTK) subsidiary Medici Ventures. According to a note from the company, Medici has invested $2.5 million purchasing a 10% ownership stake in the firm. Medici has… Read More

Overstock Earnings Report: It’s Really All About Blockchain

Overstock (NASDAQ: OSTK) reported Q3 earnings today after the market closed. While the company is best known for its e-commerce expertise, most of the earnings call was about crypto, blockchain, and the future according to Patrick Byrne. As for Overstock,  top-line revenue came in at… Read More

Overstock Sub Bitsy Exchange & Wallet Starts Service on Monday

Bitsy, a “user-friendly bridge” between the US dollar and Bitcoin will be publicly available this Monday (November 12, 2018). Bitsy is a portfolio company of Medici Ventures – Overstocks (NASDAQ: OSTK) – blockchain accelerator. According to a release, Bitsy users will be able to download the… Read More

Overstock Subsidiary Medici Ventures Invests in Minds, Patrick Byrne to Join Board

Overstock (NASDAQ:OSTK), via subsidiary Medici Ventures, has invested in Minds, Inc. a cryptocurrency social network. The investment will be joined by Overstock founder and CEO Patrick Byrne joining the board of directors of Mind. Details on the amount invested were not disclosed. Patrick M. Byrne,… Read More

Overstock: Medici Ventures Invests in VinX, an Israel Company Bringing Blockchain to Wine

Overstock (NASDAQ:OSTK) subsidiary Medici Ventures has invested in VinX – an Israel based company which is developing a blockchain platform for wine futures trading. VinX is working with another Israel Fintech, Zen Protocol, a company that has created a new type of blockchain, written from scratch…. Read More

Overstock to Sell Bitcoin on Retail Site, Bitsy.com Launches Cryptocurrency Wallet

Overstock (NASDAQ:OSTK) has announced it will commence selling Bitcoin on its retail site. Additionally, Medici Ventures, part of the Overstock portfolio of blockchain based companies, has announced that Bitsy.com has kicked off a beta launch of its cryptocurrency wallet that “creates a simple, secure, and… Read More

Shares in Overstock Rocket Higher Following Upbeat Report on Blockchain Progress

Shares in Overstock (NASDAQ:OSTK) moved higher today following a much anticipated Q2 earnings call yesterday after market close that provided not only operational guidance but added perspective on the emerging blockchain based segment of the business. In an extended call, Overstock founder Patrick Byrne shed… 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

Overstock’s Blockchain Sub Medici Ventures Boosts Ownership of Bitt.com Digital Payment Provider

Overstock (NASDAQ:OSTK) is moving things around once again by boosting its ownership in Bitt.com, a Blockchain based payments platform that is based in Barbados. The move was orchestrated by Medici Ventures, Overstock’s Blockchain subsidiary, and it was part of an option that was exercised to invest… Read More

Blockchain JV: Overstock Founder Patrick Byrne & Economist Hernando de Soto Partner on Global Property Registry

Described as an initiative to fight global poverty and inequality, Patrick Byrne, founder of Overstock (NASDAQ:OSTK) has formed joint venture with Hernando de Soto – prominent economist who has been deeply engaged in the Blockchain and cryptocurrency sector.  The new company, called De Soto, Inc., will… Read More

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