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Barbados-based fintech firm Bitt Inc., a portfolio company of Medici Ventures, the wholly-owned subsidiary of Overstock.com focused on the blockchain, and the Eastern Caribbean Central Bank (ECCB) have signed a memorandum of understanding (MOU) to conduct a fintech pilot on...

Professional services firm PricewaterhouseCoopers (PwC) has signed a memorandum of understanding (MOU) with Barbados-based financial technology (fintech) company Bitt Inc. to propel the use of blockchain technology across the Caribbean, according to a press release sent to...

Overstock announced last week a strategic investment in Bitt, a financial technology company that aims to encourage Caribbean island countries to adopt digital national currencies. The Utah-based online retailer is investing $4 million in Bitt initially. “A major impediment to...

The United Nations Economic Commission for Latin America and the Caribbean recently released a report in which it examines the use of digital currency technology in the Caribbean subregion with the goal of drawing attention to the opportunities and liabilities related to this...

Bitt – a Barbados-based digital asset exchange, remittance channel, and merchant-processing gateway – announced last week that it closed a $1.5-million seed round from Avatar Capital, a Caribbean investment group based in Trinidad and Tobago. The investment will allow Bitt...