DCG


Finance

Web 3 Service Provider ScienceMagic.Studios Raises $10.3M From Coinbase Ventures, DCG, Others

ScienceMagic.Studios aims to help early-stage Web 3 companies create a brand and engage in communities.

Money (Sharon McCutcheon / Unsplash)

Finance

Digital Currency Group Authorizes $250M Buyback for Its Grayscale Trusts

Included is the Grayscale Bitcoin Trust, which continues to trade at a notable discount to its net asset value.

DCG founder and CEO Barry Silbert

Finance

Solana-Based DeFi Project Hubble Protocol Raises $10M

Investors in the zero-interest borrowing platform included Three Arrows, DeFiance Capital and Digital Currency Group.

Corrupted businessman sealing deal receiving venality bribe money from partner

Layer 2

Most Influential 2021: Barry Silbert

The founder of Digital Currency Group sees Standard Oil as an inspiration.

(Adam B. Levine/Pixelmind.ai)

Finance

Crypto Giants Back $3.2M Round for Data Provider Staking Rewards

Galaxy Digital, Digital Currency Group and CoinShares co-led the investment round.

(Shutterstock)

Policy

Blockchain Association Raises $4M to Grow Its Presence on Capitol Hill

Kraken, Digital Currency Group (DCG) and the Filecoin Foundation participated in the round.

The U.S. Capitol in Washington, D.C., U.S., on Wednesday, Nov. 17, 2021. Photographer: Stefani Reynolds/Bloomberg via Getty Images

Finance

Digital Currency Group Raises $600M in New Credit Facility

The financing follows a recent $700 million secondary equity transaction that valued the company at $10 billion.

DCG founder and CEO Barry Silbert

Finance

Digital Currency Group Achieves $10B Valuation in $700M Secondary Sale

Two SoftBank funds, GIC Capital, Ribbit Capital and CapitalG, the private equity arm of Google’s holding company, Alphabet, took part.

DCG Founder, CEO Barry Silbert (CoinDesk archives)

Markets

DCG’s $1B Pledge and an SEC Filing Kindle Fresh Speculation on ‘Grayscale Discount’

Some cryptocurrency analysts are doubtful the discount will shrink anytime.

Grayscale Bitcoin Trust premium/discount (Skew)

Finance

DCG, Facing Competition From Bitcoin ETFs, Plans to Buy More Grayscale Bitcoin Trust

The crypto conglomerate says it may buy up to $1 billion of subsidiary Grayscale’s flagship product.

DCG founder and CEO Barry Silbert