Medici Ventures and Symbiont today announced the completion of a strategic investment in Symbiont by Medici Ventures, a major investor in blockchain technology. As part of the new relationship, the two companies will collaborate on strategic projects involving both Medici Ventures and its parent company, Overstock.com.

Earlier this year the Bill & Melinda Gates Foundation teamed up with Intarcia Therapeutics to invest $140 million in a yearly pre-exposure prophylaxis to prevent the transmission of HIV. Intarcia is at a critical phase in developing the new technology, which could reach far beyond HIV prevention. The company hopes to expand...