Bitt to receive $3 million from Overstock Subsidiary

Bitt to receive $3 million from Overstock Subsidiary

Bitt, a blockchain payment startup would be receiving $3 million from Medici Ventures, a subsidiary of Overstock. The Medici Ventures would contribute to 8.6% stake in Bitt. The said fund is to be used for the development of its payments solutions. Bitt also looks forward to collaborating with central banks to trail projects.

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