Overstock’s VC Wing Leads $8.2M Funding Round in GrainChain
GrainChain, a blockchain platform for tracing commodities, raised $8.2 million from Medici and Eden Block.
“We remain bullish on blockchain technology but are changing the way we interact with these asset," said CEO Jonathan Johnson.
The comments come days before a ballot count marred in uncertainty.
On the Overstock-owned platform, TokenSoft customers will be able issue security tokens that retail and accredited investors can trade.
Medici Ventures has completed a third equity purchase in Barbados-based Bitt, bringing it a controlling interest in the blockchain firm.
Bug bounty platform HackerOne severed ties with Medici Ventures-backed Voatz, the blockchain-based mobile voting app for breach of partnership standards.