Digital Currency Group is a venture capital firm in Stamford, Connecticut that focuses on supporting bitcoin and blockchain companies by leveraging insights, network, and access to capital. Founded 2015 by Barry Silbert, it invests in early stage ventures, initial coin offerings, late stage ventures, seed, series A, series B, and other venture rounds. Its portfolio companies include Elliptic, Lightning Labs, Ripple, Figure, and CoinList. As of February 2020, Digital Currency Group has made 166 investments. Their most recent investment was on September 24, 2019, when Flipside Crypto raised $7.1M. Digital Currency Group has had ten exits, the most notable of which include Coins.ph, Korbit, and Chain.
Digital Currency Group (DCG), the parent company of Grayscale, announced Monday that it plans to buy an additional $500 million worth of Grayscale Bitcoin Trust (GBTC) shares.
Funding Rounds Participated In
DCG Crypto Valuation Webinar Ft CF Benchmarks
February 25, 2021
- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
- BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.
- Grayscale InvestmentsGreyscale Investments is a cryptocurrency investment firm owned by the Digital Currency Group.