Overstock has promoted Joel Wright to chief operating officer (COO) of Medici Ventures, the company’s blockchain venture fund.

Wright was previously Medici’s chief technology officer (CTO). In his new role, he succeeds Steve Hopkins, who recently resigned as COO and general counsel to lead tZERO, Medici’s long-awaited security token trading market that is set to launch this week.

The promotion underscores how important technical expertise has become for Medici’s leadership, said the venture fund’s president, Jonathan Johnson.

Continue Reading on CoinDesk

Like this: Like Loading...