Overstock Subsidiary Medici Ventures Completes $3.6M Equity Transfer With Security Token

News | December 19, 2018 By:

Medici Ventures, the blockchain branch of retail giant Overstock, has successfully completed an equity token transfer representing its equity ownership in FinTech firm Chainstone Labs.

Medici Ventures reortedly purchased a 29 percent stake in Chainstone Labs for $3.6 million. The digital security was issued by Chainstone Labs using the Ravencoin network,