Barry Silbert

Updated Sep 9, 2021 at 1:33 p.m. UTC
Crypto Explainer+
Beginner

Barry Silbert is the founder of venture firm Digital Currency Group (DCG), crypto asset manager Grayscale Investments and illiquid assets marketplace SecondMarket.

Silbert founded SecondMarket in 2004, where he created the Bitcoin Investment Trust, wholly devoted to bitcoin and the first investment vehicle of its kind in the US. The fund received a $2 million investment from SecondMarket. Grayscale Investments, a subsidiary of DCG manages the fund. Silbert stepped down as CEO of SecondMarket in 2013 to focus his energies on the digital currency industry. He launched DCG in 2015 shortly after selling SecondMarket to NASDAQ.

DCG has invested in a variety of companies and projects in the industry, including those which focus on security, network infrastructure, exchange, identity, gaming and others. Notable investments include Blockstream, Coinbase, Ledger, Lightning Network, Ripple and Xapo. DCG has three subsidiaries: CoinDesk, which it purchased in 2016, Grayscale Investments and digital currency brokerage firm Genesis Trading.

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now
This article was originally published on Jun 4, 2020 at 10:49 p.m. UTC

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
Circle Asks US Fed Not to Step on Its Toes by Launching a Digital Dollar

The public is already served well by private-sector tokens, the USDC stablecoin issuer said in a comment letter to the central bank.

The public is already served well by private-sector tokens, the USDC stablecoin issuer said in a comment letter to the central bank.

CoinDesk - Unknown
2
CoinDesk - Unknown
Crypto News Roundup for May 25, 2022

With bitcoin seemingly unable to break above the $30,000 threshold, plus a look at the suspects in the cast of the UST collapse, CoinDesk’s "Markets Daily" is back with the latest news roundup.

With bitcoin seemingly unable to break above the $30,000 threshold, plus a look at the suspects in the cast of the UST collapse, CoinDesk’s "Markets Daily" is back with the latest news roundup.

CoinDesk - Unknown
3
CoinDesk - Unknown
ApeCoin

CoinDesk - Unknown
4
CoinDesk - Unknown
Proof-of-Work vs. Proof-of-Stake: What Is the Difference?

Proof-of-work (PoW) and proof-of-stake (PoS) are two different methods to validate cryptocurrency transactions.

Proof-of-work (PoW) and proof-of-stake (PoS) are two different methods to validate cryptocurrency transactions.

CoinDesk - Unknown