# Digital Currency Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/digital-currency-group

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.dcg.co/
- Total disclosed funding: $24M
- Latest round: Series C (Oct 25, 2011)
- Investors on record: 12

## About

Based in New York, US, and founded in 2015 by Barry Silbert (CEO), Digital Currency Group Inc., a.k.a. DCG, builds and supports bitcoin and blockchain technology by providing network, insights, and access to capital. DCG is the parent company of Genesis, Grayscale Investments, CoinDesk, Foundry, Luno, and TradeBlock. In November 2021, the firm raised USD 600 million in venture debt funding led by Eldridge Industries, with participation from Capital Group Private Markets, Davidson Kempner Capital Management, and Francisco Partners. Further in November 2023, the Digital Currencies' CoinDesk, Inc. was acquired by Bullish (GI) Limited, a portfolio company of BlackRock, Cryptology Asset Group, EFM Asset Management, and Galaxy.

Digital Currency Group Inc. builds, buys, and supports blockchain companies, offering its insights, network, and access to capital. DCG provides multiple services through its subsidiaries, Genesis, Grayscale Investments, CoinDesk, Foundry, Luno and TradeBlock. Genesis offers digital currency prime brokerage to trade, borrow, lend and custody digital currencies. Foundry provides resources to build, maintain, and secure decentralized networks to bitcoin miners and global manufacturers. CoinDesk provides an integrated platform for news, data, events, and research for investors and institutional brokers. TradeBlock offers institutional trading tools for digital currencies. In the digital currency industry, Digital Currency Group has invested in more than 200 blockchain-related companies across 35 countries.

## Funding rounds

- Series C, Oct 25, 2011, $15M — Social Capital
- Series B, Dec 22, 2009, $6M — HCM Capital
- Series A, Aug 28, 2007, $2.5M — RRE Ventures, Bain Capital, MasterCard Investment, FirstMark Capital, Novel TMT Ventures, Social Capital, New York Life Investment Management, Transamerica Ventures, Oak HC/FT, Solon Mack Capital, The Whittemore Collection, Ltd.

## Investors

- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Series A
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A
- MasterCard Investment — Series A
- FirstMark Capital (https://capitalatlas.ai/funds/firstmark-capital) — Series A
- Novel TMT Ventures (https://capitalatlas.ai/funds/novel-tmt-ventures) — Series A
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Series A, Series C
- New York Life Investment Management — Series A
- Transamerica Ventures (https://capitalatlas.ai/funds/transamerica-ventures) — Series A
- Oak HC/FT (https://capitalatlas.ai/funds/oak-hc-ft) — Series A
- Solon Mack Capital — Series A
- The Whittemore Collection, Ltd. — Series A
- HCM Capital (https://capitalatlas.ai/funds/hcm-capital) — Series B