Digital Currency Group

Apr 29, 2020 at 3:32 p.m. UTC

Updated Jan 26, 2024 at 7:13 p.m. UTC

Founded by Barry Silbert in 2015, Digital Currency Group (DCG) is a venture capital firm that invests solely in the digital currency industry. Digital Currency Group has three subsidiaries: CoinDesk, which was purchased in January 2016, digital currency brokerage firm Genesis Trading and digital asset management firm Grayscale Investments.

Headquartered in New York City, DCG has invested in over 150 companies across 30 different countries. DCG’s investments cover multiple niches of the blockchain industry including security, network infrastructure, exchange, identity and gaming among others. Its portfolio includes major players such as Abra, Coinbase, BitPay, Ripple, Kraken and Brave.

This article was originally published on Apr 29, 2020 at 3:32 p.m. UTC

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CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.