web analytics

Overstock’s Medici Ventures Invests in Blockchain Platform to Fight Wine Counterfeits

Overstock’s investment subsidiary Medici Ventures has funded a blockchain project aimed at fighting wine counterfeit. Overstock.com’s venture capital subsidiary Medici Ventures has invested in Israeli-based technology company VinX to develop a blockchain-powered wine futures platform, according to a press release published October 4. The exact amount of the investment was not disclosed. Per the announcement,… Continue reading Overstock’s Medici Ventures Invests in Blockchain Platform to Fight Wine Counterfeits