Tagged: digital currency group

dWallet Labs Raises $5 Million Seed Round led by Digital Currency Group, Node Capital

dWallet Labs has raised a $5 million seed round led by Digital Currency Group and Node Capital, according to a company statement. Other investors include; Amplify Partners, Lightshift Capital, Liquid2 Ventures, Collider Ventures, Lemnsicap, Heroic Ventures, Impatient Ventures, Zero Knowledge, Dispersion Capital, Token Bay Capital,… Read More

Digital Asset Prime Brokerage Genesis Announces Leadership Shake Up

Genesis, a digital asset prime brokerage providing services for qualified individuals and global institutional investors, has announced a number of executive changes to “position the company for its next phase of growth.” Genesis is controlled by the Digital Currency Group. Effective immediately, Michael Moro, Genesis… Read More

Genesis Q2: Crypto Lending Drops 9%, OTC Trading Jumps 51%

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

Institutional Digital Asset Lending Platform, CLST, Acquires Funding from Spartan Group, Others

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

HBAR CEO on Crypto Markets: I don’t think the bottom is in

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

Calling a Bottom on Bitcoin? CEO of Digital Currency Group Says They Are Buying

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

Genesis, an Institutional Crypto Derivatives Provider, to Join International Swaps and Derivatives Association

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

Grayscale Investments Is Looking at Expanding into European Market for Digital Asset Funds

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

Luno Expeditions Aims to Invest in Hundreds of Early Stage Crypto, Fintech Startups

  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

SPACE Metaverse Secures $7M from Dapper Labs, Digital Currency Group, Coinfund, Others

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

UK FCA Approves Genesis as Registered Cryptoasset Business

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

CoinShares, Digital Currency Group, Galaxy Digital Contribute to Staking Rewards’ 3M CHF Round

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

Ondo Finance Secures $4 Million to Bring Programmable DeFi to Investors with Different Risk Preferences

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

Mike Cagney’s Blockchain Firm Figure Technologies Acquires $200M via Series D at $3.2B Valuation

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

South Korean Crypto Exchange Streami Gets Strategic Investment from digital Currency Group

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

Digital Currency Group, Parent of Grayscale, Will Purchase up to $250 million worth of shares of Grayscale Bitcoin Trust

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

Grayscale Investments Files for EOS, Cardano, Chainlink Trusts, May See New Competition from BlockFi

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

Crypto VC Is Going through An “Explosive Phase” According to Meltem Demirors, CSO At Digital Asset Manager CoinShares

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

Michael Sonnenshein Replaces Barry Silbert as CEO of Grayscale, Silbert to Remain in Charge of Digital Currency Group

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

Digital Asset Manager Grayscale has Acquired Over 100,000 Bitcoin (BTC) Since June 2020

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

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