Tagged: overstock.com

Barbados Fintech Bitt Announces Investment Partnership With Overstock.com

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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

Overstock.com’s Portfolio Company Bitt Launches Blockchain Mobile Money App in Barbados

Rawdon Adams

Blockchain platform Bitt announced this week it has launched its new Blockchain Mobile Money App, mMoney digital payment product, in Barbados. The company reported that the Barbados Entrepreneurship Foundation (BEF) and several of its strategic partners participated in the soft launch, which marked the region’s first “digital dollar only”… Read More

Medici Ventures Invests in Symbiont, Aims to Lead Delaware Blockchain Form Registration

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Medici Ventures, a major blockchain tech investor, completed its strategic investment in Symbiont. As part of the new relationship, the two companies will collaborate on strategic projects involving both Medici Ventures and its parent company, Overstock.com Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ t0 platform… Read More

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