Digital Currency Group

Horizen Labs Raises $7M in Seed Funding Round

Kenetic Capital led the funding, which also included Digital Currency Group and Liberty City.

News  ·  10 August 2021

Decentralized Video Protocol Livepeer Raises $20M to Take On Streaming Giants

Digital Currency Group, Coinbase Ventures and CoinFund were among those to join the latest funding round.

Business  ·  29 July 2021
Ethereum Classic

DCG to Buy $50M in Shares of Grayscale’s Ethereum Classic Trust

One analyst interpreted the move as an arbitrage play.

Business  ·  21 June 2021
Digital Currency Group

Decentraland Founder Unveils Project of Bringing NFTs to ‘Big-Time’ Video Games

Decentraland co-founder Ari Meilich is teaming up with gaming industry heavyweights to launch Big Time Studios. Everyone from Ashton Kutcher to Sam Bankman-Fried is involved in the $10.3 million Series A round of funding.

Business  ·  12 May 2021
Exchanges

Digital Currency Group Invests in South Korean Crypto Exchange

DCG has become the second-largest shareholder in blockchain company Streami, operator of crypto exchange Gopax.

News  ·  6 May 2021
Grayscale

Digital Currency Group Boosts GBTC Share Purchases to $750M Limit

GBTC has been trading at a discount for several months in the face of rising competition and the prospect of a bitcoin ETF being approved in the U.S. this year.

News  ·  3 May 2021
Bitcoin Mining

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 the bitcoin mining firm’s operations had infringed upon its patent.

News  ·  15 August 2020
Stablecoins

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.

Business  ·  30 July 2020
Digital Currency Group

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.

Markets  ·  17 September 2019
Funding Rounds

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.

Business  ·  12 April 2019
Exchanges

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.

Business  ·  13 March 2019
Funding Rounds

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.

Business  ·  20 December 2018
Coinbase

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.

Policy & regulation  ·  11 September 2018
Grayscale

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.

Tech  ·  6 September 2018
Investments

XRP, BCH, LTC & ETH: Grayscale 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.

Markets  ·  6 March 2018