Overstock spins its blockchain subsidiary into crypto investment fund
Overstock spins its blockchain subsidiary into crypto investment fund

On-line technology retailer Overstock is converting its blockchain investment flit into a cryptocurrency-focused investment fund because it seeks to maximize profits amid the crypto boost.

Overstock.com (NASDAQ:) presented on Monday that its wholly owned blockchain-focused subsidiary, Medici Ventures, will modified into a limited partnership fund, pending correct variety and regulatory approval.

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