Digital Currency Group CEO and founder Barry Silbert didn’t sell any stock in the latest round.
Grayscale parent company expands GBTC purchase allocation to $1 billion
The new allocation extends DCG’s purchase authorization for the Grayscale Bitcoin Trust by $250 million.
Digital Currency Group backs South Korean crypto exchange operator
Streami, the company behind the popular GOPAX exchange, has received direct funding from Digital Currency Group.
Grayscale parent firm DCG to expand GBTC buy limit by $500M
Digital Currency Group has purchased a total of $194 million worth of GBTC shares so far.
Time Magazine names two crypto firms in Top 100 ‘most influential companies’ list
Digital Currency Group and Coinbase have made Time Magazine’s 2021 top 100 most influential companies list.
Bitcoin miner Blockcap closes $75M investment led by Off The Chain, Foundry Digital
The Texas-based miner raised more than $38 million in two separate funding rounds.
PayPal Co-Founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement
Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging that the BTC mining firm’s operations had infringed upon its patent.
Circle Gets $25M From DCG to Drive USDC Mainstream
USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses.
Barry Silbert
Barry Silbert is the founder of venture firm Digital Currency Group (DCG), crypto asset manager Grayscale Investments and illiquid assets marketplace SecondMarket. Silbert founded SecondMarket in 2004, where he created the Bitcoin Investment Trust, wholly devoted to bitcoin and the first investment vehicle of its kind in the US. The fund received a $2 million […]
Digital Currency Group
Founded by Barry Silbert in 2015, Digital Currency Group (DCG) is a venture capital firm that invests solely in the digital currency industry. Digital Currency Group has three subsidiaries: CoinDesk, which was purchased in January 2016, digital currency brokerage firm Genesis Trading and digital asset management firm Grayscale Investments. Headquartered in New York City, DCG […]
CoinDesk to Move Into Same Building as Owner Digital Currency Group
Employees at crypto news publication CoinDesk were told Tuesday that the firm is moving into the same building as its parent, Digital Currency Group.
Blockchain Startup Horizen Labs Doubles Target to Raise $4 Million
Just-launched sidechains startup Horizen Labs has raised $4 million in a seed funding round – twice what it had initially planned.
Polychain, DCG Invest in Crypto Futures Exchange CoinFLEX
Venture capital firms Polychain and Digital Currency Group have invested an undisclosed sum in cryptocurrency futures exchange CoinFLEX.
Peter Thiel Backs $2.1 Million Round for Crypto Investment Startup Layer1
PayPal co-founder and venture capitalist Peter Thiel has backed a $2.1 million seed round for crypto investment startup Layer1.
Major Crypto Companies Form DC Lobbying Group
A number of major cryptocurrency firms are forming the Blockchain Association to lobby Washington, D.C. lawmakers on regulations in the space.
Grayscale Launches Investment Trust for Zen Cryptocurrency
Grayscale Investments announced Thursday morning that the new Zen Investment Trust is now open to accredited or institutional investors.
XRP, BCH, LTC & ETH: DCG Fund Adds 4 New Crypto Trusts
Grayscale Investments, the creator of the Bitcoin Investment Trust, is launching four new trusts for ethereum, litecoin, XRP and bitcoin cash today.
Digital Currency Group Invests in Bitcoin-Friendly Silvergate Bank
Cryptocurrency VC firm Digital Currency Group has confirmed an investment in bitcoin startup-friendly Silvergate Bank.
