Overstock Subsidiary Medici Ventures Invests In Wine-Tracking Blockchain Startup VinX

Blockchain, Investing, News | October 5, 2018 By:

Medici Ventures, the blockchain branch of retail giant Overstock, has announced a strategic investment in a blockchain startup VinX, which is developing a blockchain platform to streamline wine futures trading.

VinX is building a token-based digital wine futures platform based on the Bordeaux futures model that will enable thousands of wineries to streamline funding by selling wine futures and developing direct connections with their consumers.