Medici Ventures, the blockchain branch of retail giant Overstock, has purchased a 5.1 percent stake in blockchain banking platform Bankorus.
Founded in 2017, Bankorus operates a blockchain banking platform that allows individuals and institutions to securely buy,
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,
Medici Ventures, the blockchain branch of retail giant Overstock, has purchased a $2.5 million equity in agricultural blockchain project GrainChain.
Established in 2013 by the founders of SiloSys, GrainChain provides smart and automated tools for farmers, buyers and grain silos to buy,
Mobile election voting platform Voatz has raised over $2.2 million in a seed funding round led by Medici Ventures, the wholly-owned subsidiary of Overstock.com.
The round also saw participation from other investors, including Urban Innovation Fund, Oakhouse Partners, and members of the Walnut Ventures angels group.
Overstock CEO Patrick Byrne has partnered with world-renowned economist Hernando de Soto to develop a blockchain-based property registry system to ensure the property rights of billions of people in the developing world.
Byrne is an American entrepreneur and e-commerce pioneer. In 1999, Byrne launched Overstock after leading two smaller companies,
