The deal is part of Overstock’s plan to exit its blockchain-related investments.
On the Overstock-owned platform, TokenSoft customers will be able issue security tokens that retail and accredited investors can trade.
“We remain bullish on blockchain technology but are changing the way we interact with these asset," said CEO Jonathan Johnson.
The plaintiff may now file an amended complaint against Overstock and former CEO Patrick Byrne.
The comments come days before a ballot count marred in uncertainty.
Medici Ventures has completed a third equity purchase in Barbados-based Bitt, bringing it a controlling interest in the blockchain firm.
The online retailer has finally handed out its digital dividend to shareholders after delays hit last year's planned distribution.
The e-commerce firm is hoping to persuade a judge in the Utah District Court to throw out a class-action securities fraud lawsuit relating to the firm's security token dividend and its effect on short sellers.
tZERO Crypto wants to become the first platform approved to trade crypto, digital securities and traditional stocks on a single app.
Medici Land Governance has inked a deal to build a blockchain-based land registry for Carbon County, Wyoming – its second such deal in the state.
The blockchain-friendly online retailer is planning to distribute its long-delayed digital asset shareholder dividend on May 19.
The bitcoin-friendly retail company and the parent of security token marketplace tZERO says it was again subpoenaed by the Securities and Exchange Commission at the end of 2019.
Overstock CEO and Medici Ventures President Jonathan Johnson believes crypto investments are finally ready to enter the real world.
An investor has launched a class action against Overstock and two former execs, claiming securities violations involving the firm's digital dividend.
Overstock's Medici Ventures has invested in blockchain ID firm Evernym in a $2 million seed round for potential equity.