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DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg
Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new…
Digital Currency Group Valued at $10B, Raises $700 Million from Google and Others
The New York-based giant Digital Currency Group sold $700 million worth of shares in a secondary sale in a deal on Monday led by some high-profile participants such as SoftBank,…
Digital Currency Group sells $700M of shares for investors to take profits
Digital Currency Group CEO and founder Barry Silbert didn’t sell any stock in the latest round.
Biggest Bitcoin fund in the world could become ETF by July as GBTC nears $40B AUM
Filing to convert GBTC now is “perfect timing,” the company’s ETF head argues, but concerns remain over the overall strength of the industry.
Bitcoin bulls set to net an $830M profit after Friday’s BTC options expiry
Bitcoin's surge to $67,000 has given bulls an advantage in Oct. 22's $1.8 billion BTC options expiry.
Digital Currency Group Authorizes the Purchase of $1 Billion Worth of GBTC Shares
Digital Currency Group, the organization behind the world’s largest cryptocurrency asset manager, has decided to enhance its Bitcoin position by authorizing the acquisition of $1 billion more worth of shares…
Grayscale Confirms Plan to Convert GBTC Into Bitcoin ETF
Grayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called…
Grayscale confirms Bitcoin ETF plans and adds exposure to Zcash, Stellar Lumens and Horizen to its trusts
Grayscale said it would proceed "once there’s official and verifiable evidence of the SEC’s comfort with the underlying Bitcoin market."