Medici Ventures

Overstock Completes Deal to Convert Medici Ventures Into Fund Managed by Pelion

The deal is part of Overstock’s plan to exit its blockchain-related investments.

News  ·  26 April 2021

TokenSoft to Trade Digital Securities on tZERO’s Retail Market

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

Business  ·  4 February 2021
Blockchain Technology

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

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

Business  ·  26 January 2021
Election 2020

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

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

News  ·  30 October 2020

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

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

Business  ·  28 October 2020

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

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

News  ·  30 March 2020
Smart Contracts

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.

News  ·  6 March 2020

Overstock CEO: Crypto Investments Are Ready for Prime Time

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

Markets  ·  13 January 2020
Funding Rounds

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

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

Policy & regulation  ·  26 September 2019

Overstock Loses Another Big Investor in Crypto Token Exchange tZERO

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

Markets  ·  26 August 2019

Patrick Byrne, Cryptocurrency Champion, Resigns as Overstock CEO CEO Patrick Byrne has resigned from the company after admitting to an affair with Russian agent Maria Butina.

Markets  ·  22 August 2019
Funding Rounds

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

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

Business  ·  6 June 2019

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

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

Business  ·  22 March 2019

Overstock’s Medici Acquires Stake in Blockchain Banking Startup

Medici Ventures, the blockchain investment arm of Overstock, has acquired a 5.1 percent equity stake in blockchain banking startup Bankorus.

Business  ·  12 March 2019

Overstock CEO Predicts Late 2019 Boost in tZERO Token Trading

Overstock's CEO says he expects volumes on the recently launched tZERO platform to soar after the market opens to retail investors in August.

Markets  ·  22 February 2019