Tagged: dcg

August 10, 2022 @ 10:56 am By JD Alois  |  

Digital asset prime brokerage Genesis has published its Q2 report sharing some interesting insight into crypto markets. According to Genesis, crypto lending declined while OTC trading rocketed higher. Genesis shares: The lending desk originated $40.4 billion in new loans, a decline of 9% from the… Read More

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

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

September 21, 2021 @ 10:08 am By Omar Faridi  |  

Taker Protocol, a cryptocurrency liquidity protocol for NFTs, has secured $3 million in capital from several investors in order to develop financial primitives for the nascent non-fungible token sector. Taker Protocol‘s investment round has been led by Electric Capital, with DCG, Ascentive Assets, Dragonfly Capital,… 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

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

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 6, 2020 @ 2:04 pm By Omar Faridi  |  

Dash Core Group (DCG), an organization focused on the development of Dash (DASH), a digital currency with a market cap of over $647 million at the time of writing (according to CoinGecko data), has released a new software update, called Dash Platform v0.15. Dash aims… 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 5, 2020 @ 11:01 pm By Omar Faridi  |  

Dash has teamed up with Taurus.io, a Mexican digital asset exchange, in order to launch a cryptocurrency based Visa debit card in Latin American markets. The card will only be offered to Taurus’ customers in Mexico (for now). The crypto debit card will reportedly be… Read More

July 27, 2020 @ 11:24 pm By Omar Faridi  |  

The Dash Core Group (DCG), which is one of the organizations that work for the Dash Network (a digital currency platform), has officially announced the release of Dash Platform version 0.14. Dash, which has a market cap of over $727 million (according to CoinGecko), aims… Read More

June 26, 2020 @ 1:58 pm By Omar Faridi  |  

Grayscale Investments, a subsidiary of the Barry Silbert’s Digital Currency Group, has now acquired nearly $500 million in Bitcoin (BTC), since the cryptocurrency went through its third block reward halving on May 11, 2020 – a critical even that effectively reduced the BTC supply by… Read More

May 9, 2020 @ 4:15 pm By Omar Faridi  |  

The Bitcoin (BTC) halving event, when the pseudonymous cryptocurrency’s supply will be cut in half, is approaching. It should take place on May 11, 2020, which is when 210,000 blocks of BTC transactions will have been processed since the last halving event that took place… Read More

April 17, 2020 @ 10:15 am By Omar Faridi  |  

Grayscale Investments, a subsidiary of the Digital Currency Group (DCG) and the largest institutional holder of Bitcoin (BTC), reportedly raised over half a billion dollars in cryptocurrency investments during the first quarter of this year. According to a release, Grayscale raised a total of $503.7… Read More

April 10, 2020 @ 12:50 pm By Omar Faridi  |  

Digital asset investors are reportedly paying a significant 515% premium in order to purchase Ether (ETH) via the Grayscale Ethereum Trust. It currently costs $90.55 to acquire a share in Grayscale Investments’ Ethereum Trust (ETHE). This, despite its Ethereum (ETH) holdings per share being valued… Read More