Overstock.com Inc.’s fully owned subsidiary, Medici Ventures, unveiled an $8 million equity investment in its Barbados-based keiretsu firm Bitt, according to a Wednesday (Oct. 28) announcement. A keiretsu relates to a Japanese business made up of a network of various firms. Bitt was started in...
Blockchain startup Bitt announced that it has received an additional $3 million in funding from Overstock’s venture capital subsidiary, Medici Ventures. According to news from CoinDesk, Medici had already invested $4 million in the startup when it launched in 2016. As part of this new deal,...
December 14, 2021
The Ukrainian commercial bank TASCOMBANK is working with the FinTech Bitt to issue an electronic hryvnia — the country’s national currency — on the Stellar network. The bank announced the pilot program Tuesday (Dec. 14), saying it would involve a test of the electronic currency at the payroll for employees of an IT company called […]
October 28, 2020
Overstock.com Inc.’s fully owned subsidiary, Medici Ventures, unveiled an $8 million equity investment in its Barbados-based keiretsu firm Bitt, according to a Wednesday (Oct. 28) announcement. A keiretsu relates to...
March 08, 2018
Blockchain startup Bitt announced that it has received an additional $3 million in funding from Overstock’s venture capital subsidiary, Medici Ventures. According to news from CoinDesk, Medici had already invested $4...
