Tagged: digital currency group

First-Ever Digital Currency Investment Product? Grayscale Bitcoin Trust Files with SEC

Grayscale Bitcoin Trust (OTC:GBTC) became the first-ever publicly traded Bitcoin investment vehicle in the US in 2013. It has grown to become the largest Bitcoin investment product in the world. In October, GBTC announced its largest quarterly inflow of capital. The Trust started as a… Read More

Grayscale Posts Record-Breaking Quarter, Attracts Over $250 Million into its Investment Products

Digital Currency Group (DCG) subsidiary Grayscale Investments, the largest institutional holder of Bitcoin (BTC), has published its Digital Asset Investment Report for third quarter 2019. The firm’s report highlights its record-breaking quarter. During Q3 2019, Grayscale attracted $254.9 million into its investment products, which is… Read More

Genesis Reports $746 in Crypto Lending/Borrowing Originations in Q2: Best Quarter Ever

Genesis, a digital asset trading and lending platform that is also a broker-dealer registered with FINRA, and a BitLicense holder with the New York State Department of Financial Services, reports that its services are booming. According to a release from last week, Genesis’ Q2 performance… Read More

Cryptoasset Investment Platform Layer1 Receives $2.1 Million in Seed Funding By Various Investors Including Peter Thiel & Digital Currency Group

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Crypto investment and infrastructure platform, Layer1, announced on Wednesday it secured $2.1 Million through its latest seed funding round, which was backed by various investors, including Peter Thiel, Digital Currency Group, and Jeffrey Tarrant.  Layer1 describes itself as a cryptoasset investment and infrastructure platform that… Read More

Unocoin Finds Pre Series-A Pot of Gold, Raises Record Amount for Indian Currency Venture

Unocoin, a Bangalore based Bitcoin startup, has raised $1.5 million in a Pre Series-A round, the highest total raised for a digital currency venture in Indian history, said the platform. Funding was sourced from Blume Ventures, Mumbai Angels and ah! Ventures along with prominent international investors such as Digital Currency… Read More

SecondMarket, Bitcoin Investment Trust, Settle with the SEC

The SEC filed an administrative proceeding today regarding a Cease & Desist instituted against SecondMarket and Bitcoin Investment Trust (BIT).  The entire affair relates back to an event in 2013, where BIT, a Delaware trust whose sole assets were bitcoins, began offering shares on the… Read More

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