Medici Ventures, the blockchain accelerator of retail giant Overstock, has exercised a warrant to purchase an additional $5 million of equity in GrainChain. The investment is part of GrainChain’s latest funding round that resulted in $8.2 million in capital for the company.
Medici Land Governance (MLG), a blockchain portfolio company of Overstock subsidiary Medici Ventures, has teamed with Zambia’s Lusaka City Council (LCC) to deploy a land governance platform.
MLG leverages blockchain and other technologies to support land governance, titling, and administration with a secure public record of land ownership.
Medici Ventures, the blockchain branch of retail giant Overstock, has appointed Jeremy Smith as Chief Technology Officer.
Medici Ventures is a wholly owned subsidiary of Overstock, created to leverage blockchain technology to solve real-world problems with transparent, efficient, and secure solutions. The company’s majority-owned financial technology company,
Medici Land Governance (MLG), a blockchain portfolio company of Overstock subsidiary Medici Ventures, will be developing a digital land records platform in Mexico.
MLG is the 14th portfolio company in Medici Ventures that is leveraging blockchain technology to provide user-friendly,
Overstock’s security token trading platform subsidiary tZERO has announced that the secondary trading of its security tokens is now live.
tZERO, which raised $134 million from over 1,000 global investors during its highly publicized security token offering (STO) last year, said that accredited investors will now be able to trade tZERO security tokens with other accredited investors through a digital securities brokerage account.
Overstock’s security token trading platform subsidiary tZERO has been awarded a patent for a “crypto integration platform.”
Published by the US Patent and Trademark Office (USPTO) last week, the patent describes a system that would act as “an interface between legacy trading systems and crypto exchanges that trade digital transactional items.” The crypto integration platform will aggregate market information from crypto exchanges and serve as a router to locate the best price in the crypto market for the digital asset or liability involved in the transaction.
Retail giant Overstock has announced that it will pay a portion of its Ohio state business taxes in bitcoin using the state’s new crypto tax portal.
In November 2018, Ohio created a crypto portal – OhioCrypto.com – that allows businesses to pay taxes in bitcoin.
Medici Land Governance (MLG), a blockchain portfolio company of Overstock subsidiary Medici Ventures, has teamed with Teton County, Wyoming to develop a blockchain land records and information platform next year.
MLG, the 14th portfolio company in Medici Ventures, is leveraging blockchain technology to provide user-friendly,
Overstock’s subsidiary tZERO has partnered with Hong Kong-based private equity firm GSR Capital to develop a smart contract token that will be utilized for an upcoming sale of cobalt.
tZero is company focusing on the development and commercialization of financial technology based on blockchain technologies.
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,
