Overstock’s Medici Ventures Acquires Ten Percent Stake in GrainChain for $2.5 Million

GrainChain Logo Sprouting Blockchains under Soil

Overstock subsidiary Medici Ventures has purchased a $2.5 million equity in GrainChain, a blockchain-based payment solution for farms. According to a press release issued December 4, 2018, the sale has granted Medici Ventures ten percent ownership in the company, and the option to double that in the future with a second acquisition round. The funds will reportedly be used to…Read More. The post by Rahul Nambiampurath appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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