Pelion Ventures to Assume Control of Medici Ventures as Overstock Converts its Subsidiary into a Blockchain Fund

The dynamic between Overstock and its subsidiary Medici Ventures is set to change.  Overstock has just announced that it will be transforming Medici Ventures from its investment arm in to a fund.  Furthermore, Overstock notes that while it will remain involved, it has partnered with Pelion Venture Partners to oversee management of the fund moving […]

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Battling a GameStop Reddit Army, Short-Sellers Just Lost $1.6 Billion

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Retail day-traders managed to successfully upturn the fall of GameStop’s shares, incurring great losses in the aftermath. Unfortunately for them, GameStop’s fundamentals remain the same, now more than ever in the post-corona world. What […]

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Survey: 20% of Americans Think Bitcoin Can Be Purchased for Under $100

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin, and the cryptocurrency market in general, is experiencing an unprecedented surge in adoption. Retail investors continue to flood in, but the real takeaway is the entry of large amounts of institutional funds. The […]

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