Tagged: overstock.com

April 4, 2018 @ 4:08 pm By Samantha Hurst  |  

Bitt, a Barbados-based fintech company, announced this week it closed its Series A investment round with an investment from retail giant Overstock.com of $16 million, placing the company’s valuation at $50 million. Founded in 2013, Bitt states it utilizes distributed ledger technology to improve speed, efficiency,… Read More

December 20, 2017 @ 2:04 pm By Samantha Hurst  |  

Blockchain platform Bitt announced this week it has launched its new Blockchain Mobile Money App, mMoney digital payment product, in Barbados. The company reported that the Barbados Entrepreneurship Foundation (BEF) and several of its strategic partners participated in the soft launch, which marked the region’s first “digital dollar only”… Read More

July 20, 2017 @ 11:51 am By Erin Hobey  |  

Medici Ventures, a major blockchain tech investor, completed its strategic investment in Symbiont. As part of the new relationship, the two companies will collaborate on strategic projects involving both Medici Ventures and its parent company, Overstock.com Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ t0 platform… Read More