Express

OverStock's Venture Capital Arm Adds To $31 Million Funding Round For PeerNova

Roland James

Summary: Medici Ventures the venture capital arm of Overstock has invested in the startup PeerNova. Peernova creates blockchain-based solutions for financial organizations to coordinate their data across multiple systems. In a news release, PeerNova announced that it had raised $31 million in growth funding, led by Mosaik Partners, with help from Medici Ventures and Intuitive Venture ...

Medici Ventures the venture capital arm of Overstock has invested in the startup PeerNova. Peernova creates blockchain-based solutions for financial organizations to coordinate their data across multiple systems.

In a news release, PeerNova announced that it had raised $31 million in growth funding, led by Mosaik Partners, with help from Medici Ventures and Intuitive Venture Partners. The round brings the total funding received to $74 million. PeerNova plans to use this funding for better market penetration to develop their solutions for the challenging financial industry.

Roland James

  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 17 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 22 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? September 16, 2025
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025
  • You need to login to comment.