Tagged: digital currency group

July 29, 2022 @ 4:57 pm By Omar Faridi  |  

CLST, an institutional-only lending and borrowing venue for stablecoins and crypto assets, has closed a seed round, led by Spartan Group, with participation from Coinbase Ventures, Kraken Ventures, GSR, Menai Financial Group, Luno Expeditions, a subsidiary of Digital Currency Group, and TX Ventures – the… Read More

June 20, 2022 @ 5:13 pm By JD Alois  |  

While Barry Silbert, founder and CEO of Digital Currency Group, says he is buying Bitcoin right now, others are not so convinced the bottom is in. Shayne Higdon, co-founder and CEO of the HBAR Foundation, believes there is more pain on the way. HBAR Foundation… Read More

June 19, 2022 @ 7:24 pm By JD Alois  |  

Barry Silbert, CEO and founder of Digital Currency Group – the parent company of Grayscale, Genesis Trading, and more, says they are buying Bitcoin as the world’s most popular crypto trolls 52-week lows. The tweet has been liked almost 12,000 times – probably by beleaguered… Read More

May 8, 2022 @ 6:02 pm By Omar Faridi  |  

Genesis, a digital asset industry pioneer and the “premier” institutional crypto derivatives provider, recently announced that GGC International Limited has “joined the International Swaps and Derivatives Association (ISDA) as a Primary Member.” Genesis, through its GGC International Limited entity, was “one of the first participants… Read More

April 27, 2022 @ 8:23 am By Omar Faridi  |  

Grayscale Investments, which oversees the $30 billion+ Grayscale Bitcoin Trust (GBTC), is reportedly looking at further expanding into the European market for digital asset funds. Grayscale will be meeting with various partners in order to discuss matters related to entering the European markets, according to… Read More

March 17, 2022 @ 4:23 pm By JD Alois  |  

  According to multiple reports, Luno Expeditions has exited stealth mode after making approximately 20 investments in early-stage crypto firms. Luno Expeditions is an offshoot of Luno a crypto investing platform that is owned by the Digital Currency Group, Barry Silbert’s holding company and investment… Read More

December 23, 2021 @ 12:16 pm By Omar Faridi  |  

SPACE Metaverse has acquired $7 million in capital from a number of tier-one venture funds in order to establish the economic foundation to join various metaverses into “one parallel society.” The funding Included some of the most prominent names in the DeFi and crypto space… Read More

December 13, 2021 @ 10:38 am By JD Alois  |  

Genesis Custody Limited has been authorized by the UK Financial Conduct Authority (FCA) as a Registered Cryptoasset Business. Genesis is a digital currency prime brokerage. Genesis Custody provides multi-asset cold storage for full custody of client assets. Genisis states that clients’ private keys are fully… Read More

November 24, 2021 @ 10:57 am By Omar Faridi  |  

Staking Rewards, a provider of independent staking data and research, has secured 3 million CHF from various digital asset investment companies to create a new suite of products and services catering to the staking space, “including the development of investable staking index products.” Currently, staking… Read More

August 17, 2021 @ 12:29 pm By Omar Faridi  |  

Ondo Finance reveals that it has secured $4 million in capital in order to bring “programmable” DeFi returns to investors with “a wide array” of risk preferences. The equity round has reportedly been led by Pantera Capital along with contributions from Genesis, Digital Currency Group,… Read More

May 20, 2021 @ 10:00 am By Omar Faridi  |  

Figure Technologies, Inc., which aims to transform financial services by leveraging the power of blockchain tech, has finalized a $200 million Series D round at a $3.2 billion valuation. 10T Holdings and Morgan Creek Digital have reportedly co-led the investment round. They’ve been joined by… Read More

May 6, 2021 @ 9:46 am By JD Alois  |  

Streami has received a strategic investment from the Digital Currency Group (DCG), according to a release. Streami is based in South Korea and operates GOPAX, a crypto exchange. DCG is said to be the second-largest investor in Streami and previously participated in the Series A… Read More

March 11, 2021 @ 9:59 am By JD Alois  |  

Digital Currency Group (DCG) the parent company of Grayscale Investments, has authorized the purchase by DCG of up to $250 million worth of shares of Grayscale Bitcoin Trust (OTCQX: GBTC). The purchase by DCG will be made on the open market, at management’s discretion, and… Read More

February 1, 2021 @ 8:59 pm By Omar Faridi  |  

Grayscale Investments, a subsidiary of Barry Silbert’s VC company, the Digital Currency Group, has added six new trusts, which includes those associated or linked to Polkadot (DOT) and Aave (AAVE) digital tokens. The other new trusts added by Grayscale include Monero (XMR), Cardano (ADA), Cosmos… Read More

January 25, 2021 @ 8:45 pm By Omar Faridi  |  

Meltem Demirors, the Chief Strategy Officer at CoinShares, Europe’s largest digital asset manager, notes that cryptocurrency-related venture capital is experiencing an “explosive” phase. 1/ crypto VC is going through an explosive 🧨 phase there are big funds (>$500M AUM), a lot of small funds (<$50M… Read More

January 7, 2021 @ 10:29 am By JD Alois  |  

Michael Sonnenshein, Managing Director of Grayscale Investments, will take over as CEO of the digital asset firm. Barry Silbert, founder of Grayscale, will step down as CEO but remain CEO of the parent company Digital Currency Group. In a release, Silbert commented on the change… Read More

November 15, 2020 @ 7:51 pm By Omar Faridi  |  

Kevin Rooke, a digital asset analyst who’s well-known for his insightful tweets, recently noted that Grayscale, one of the largest institutional investors in the crypto space, is “on fire.” Rooke revealed that Grayscale’s Bitcoin (BTC) Investment Trust now holds around 506,000 BTC, which is about… Read More

September 9, 2020 @ 9:06 pm By JD Alois  |  

Digital Currency Group (DCG) has acquired Luno, a digital asset exchange, according to a note from the company. Based in London and with regional hubs in Singapore and Cape Town, Luno is said to currently employ around 400 employees – serving over five million global… Read More

August 27, 2020 @ 4:25 pm By JD Alois  |  

Digital Currency Group (DCG) is moving into crypto mining. According to a release, DCG created a subsidiary called “Foundry” and 2019 and today the company is outing the mining firm with Mike Colyer, a former Core Scientific executive, being Foundry’s Chief Executive Officer. Foundry claims… Read More

August 4, 2020 @ 11:09 am By JD Alois  |  

Circle, a digital asset ecosystem that is focusing on stablecoins, has received a $25 million investment from the Digital Currency Group – parent of Genesis. Once more of a crypto-exchange, Circle has pivoted a bit to service other sectors of digital assets. In Q2 of… Read More