Digital Currency Group is a venture capital company that builds and supports bitcoin and blockchain companies by leveraging insights, network, and access to capital.
DCG's mission is to accelerate the development of a better financial system through the proliferation of digital assets and blockchain technology.
Digital Currency Group was established in 2015 by Barry Silbert. The company is headquartered in Stamford, Connecticut.
DCG sits at the epicenter of the industry, backing more than 200 blockchain-related companies in over 35 countries. DCG also invests directly in digital currencies and other digital assets.
DCG is the parent company of Genesis (a global digital asset prime brokerage), Grayscale Investments (the world’s largest digital currency asset manager), CoinDesk (a leading financial media, data, and information company), Foundry, Luno, and TradeBlock (an institutional trading platform).
DCG is backed by SoftBank Vision Fund, Bain Capital Ventures, CapitalG, Eldridge, GIC Capital, Ribbit Capital, SoftBank Group, OMERS Ventures, Mastercard, and others. The company raised $600M in Debt financing on Nov 18, 2021. This brings DCG's total funding to $1.3B to date. DCG achieved a $10B in their $700M Secondary Sale on Nov 01, 2021.
DCG has over $55B in assets under management as of Nov 2021. Its portolio of companies include Blockchain.com, Blockstream, Chainalysis, ABRA, ACALA Network, Avanti Bank, BitGo, BitPay, among many others.