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

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 24 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 6 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago
  • You need to login to comment.