Tagged: digital currency group

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

Digital Dollar USD Washington

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

VentureSource 4Q18 Europe pdf image

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

Digital Dollar USD Washington

  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

Earth from the Moon Globe Universe Space

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

Dragon London UK

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

Swiss Franc Money Switzerland

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

DeFi Decentralized Finance

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

Mike Cagney LenditUSA 2016

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

Seoul South Korea mathew schwartz unsplash

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

Bitcoin and Fiat Coins Money

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

Fortune Cookie Golden Investments Ahead Future Cookie

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

Fireworks Explosion Celebrate

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

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

Two Bitcoin

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

Digital Currency Group Purchases Digital Asset Exchange Luno

Barry Silbert

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

Time to Mine: DCG Reveals Crypto Mining Subsidiary Foundry

Mining Miner Mine Pick

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

Digital Currency Group, Parent of Genesis, Commits $25 Million to Circle

Coinbase Circle

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

Grayscale Investments Is Buying 1,190 Bitcoin Per Day, on Track to Control 10% of BTC Supply by Next Halving in 2024

Bitcoin Many 2

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

Digital Currency Group, Morgan Creek Capital Management, Others Invest in Caitlin Long’s Crypto-Native Bank Avanti, Awaiting Regulatory Clearance for 2021 Launch

Caitlin Long

Caitlin Long, who claims she has been involved with Bitcoin (BTC) since 2012, has issued an update regarding her company, the Avanti Financial Group. As previously reported, Avanti is the first  “cryptocurrency-native” bank, which should launch next year. Long claims that Avanti will provide a… Read More

Interest in CBDCs May Be “Accentuating” Bitcoin’s (BTC) Role in the Global Digital Economy, New Report Claims

Bitcoin and Fiat Coins Money

Grayscale Investments, a subsidiary of the Digital Currency Group (DCG), has published a report which argues that legacy banking infrastructure has made it difficult to distribute stimulus money, following the COVID-19 outbreak. The report states: “Central bank digital currencies [CBDCs] have the potential to streamline… Read More

Send this to a friend