Medici Ventures

Overstock

Overstock Turns Medici Ventures Into a Fund to Reap Value of Blockchain Assets

Tanzeel AkhtarJan 26, 2021

“We remain bullish on blockchain technology but are changing the way we interact with these asset," said CEO Jonathan Johnson.

Election 2020

Overstock Touts Voatz Blockchain Voting App as Solution to US Election Fracas

Danny NelsonOct 30, 2020

The comments come days before a ballot count marred in uncertainty.

Security Tokens

TokenSoft to Trade Digital Securities on tZERO’s Retail Market

Nate DiCamilloFeb 4, 2021

On the Overstock-owned platform, TokenSoft customers will be able issue security tokens that retail and accredited investors can trade.

Medici Ventures

Overstock’s Medici Ventures Invests $8M in Blockchain Firm Bitt

Sebastian SinclairOct 28, 2020

Medici Ventures has completed a third equity purchase in Barbados-based Bitt, bringing it a controlling interest in the blockchain firm.

Blockchain

Election App Voatz Just Got Kicked Out of a Major Bug Bounty Program

Danny NelsonMar 30, 2020

Bug bounty platform HackerOne severed ties with Medici Ventures-backed Voatz, the blockchain-based mobile voting app for breach of partnership standards.

Medici Ventures

Smart Contracts

Overstock’s VC Wing Leads $8.2M Funding Round in GrainChain

Danny Nelson

GrainChain, a blockchain platform for tracing commodities, raised $8.2 million from Medici and Eden Block.

Medici Ventures

Overstock CEO: Crypto Investments Are Ready for Prime Time

John Biggs

Overstock CEO and Medici Ventures President Jonathan Johnson believes crypto investments are finally ready to enter the real world.

Venture Capital

Overstock’s Venture Arm Invests $2 Million in Blockchain ID Firm

William Foxley

Overstock's Medici Ventures has invested in blockchain ID firm Evernym in a $2 million seed round for potential equity.

Overstock

Overstock Loses Another Big Investor in Crypto Token Exchange tZERO

Anna Baydakova

In the first investor call following the abrupt resignation of founder Patrick Byrne, Overstock provided a number of updates.

Overstock

Patrick Byrne, Cryptocurrency Champion, Resigns as Overstock CEO

Nikhilesh De

Overstock.com CEO Patrick Byrne has resigned from the company after admitting to an affair with Russian agent Maria Butina.

Venture Capital

Overstock’s Medici Ventures Leads $7 Million Round for Blockchain Voting Startup

Daniel Palmer

Blockchain-based mobile voting platform Voatz has raised $7 million in a Series A round led by Overstock's Medici Ventures and Techstars.

Exchanges

Overstock’s tZERO Exchange to Launch Bitcoin Trading App This June

Anna Baydakova

tZERO plans to launch its own mobile trading app for buying and selling bitcoin and, possibly, ether.