Tracking agriculture activities via blockchain to digitize activities gains traction through joint Bayer Crop Science and Ant Financial efforts. Elsewhere, Overstock looks toward DLT for government and identity verification services.
Coinbase has announced the launch of Convert, a new service that allows customers to convert one cryptocurrency into another at a lower cost than if completed in two separate transactions. Customers can now instantly convert between bitcoin and ethereum, ethereum classic, litecoin, 0x, or bitcoin cash...
Overstock subsidiary Medici Ventures is investing in VinX , which is making a blockchain solution that monitors the ingredients of wine on their journey between the vineyard and the glass, according to reports. The idea is to enable wine futures to be sold and traded on...
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,...
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 a Japanese business made up of a network of various firms. Bitt was started in 2013 to offer the technology to support an electronic financial […]
December 18, 2018
Coinbase has announced the launch of Convert, a new service that allows customers to convert one cryptocurrency into another at a lower cost than if completed in two separate transactions. Customers...
October 05, 2018
Overstock subsidiary Medici Ventures is investing in VinX , which is making a blockchain solution that monitors the ingredients of wine on their journey between the vineyard and the glass, according...
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...
