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Digital Currency Group
Digital Currency Group (DCG) is a venture capital company focusing on the digital
currency market. It is located in Stamford, Connecticut.[2]
The company has five subsidiaries which
are CoinDesk, Foundry, Genesis, Grayscale Investments, and Luno.
Digital Currency Group (DCG) is a U.S.-based conglomerate of 7
cryptocurrency-focused companies, including:
 Genesis – the world’s largest digital asset servicing institutional
investors
 Grayscale – the world’s largest digital asset manager
 Coindesk – online publisher and platform for crypto media, news,
events, and data
 Foundry – operates the 2nd largest bitcoin mining pool in the world,
offers a marketplace for buying and selling mining equipment in bulk,
and provides logistical, financial, and educational support to crypto
mining businesses
 Luno – a crypto exchange and platform offering news, analysis, and
education
 TradeBlock – provides institutional tools and analytics
 HQ – digital currency job board
About Digital Currency Group
Digital Currency Group builds, incubates and seeds bitcoin and blockchain technology-
related companies. DCG owns and operates the industry's leading bitcoin brokerage
firm, Genesis Trading, and the largest digital currency asset management firm, Grayscale
Investments, which manages the first publicly traded bitcoin investment vehicle, the
Bitcoin Investment Trust (symbol: GBTC).
Grayscale-parent Digital
Currency Group tops
$10 billion valuation
with SoftBank, Alphabet
investments
 Digital Currency Group is selling shares in a deal that values the crypto conglomerate at
$10 billion.
 SoftBank led the round, with participation from Alphabet’s CapitalG and Ribbit Capital as
those firms look for exposure to the digital asset class outside of bitcoin.
 Digital Currency Group is the parent company of several big names in the crypto space.
Until now, its valuation was somewhat of a mystery as it had only raised $25 million in
primary capital since launching.
Digital Currency Group is selling shares to SoftBank and Alphabet’s venture
capital arm in a deal that values the crypto conglomerate at more than $10
billion.
Digital Currency Group Inc., a cryptocurrency conglomerate that counts the
asset-management firm Grayscale and media company CoinDesk among its
holdings, raised $700 million in an investment round, the second-largest in the
crypto sector.
Who is Digital Currency Group?
In the BTC economy, most things thrive on memes about decentralization, opposition to central
banking, criticisms of fiat currency and a notion of self sovereignty. Small blockers pride
themselves on independence from the mainstream and reliance on nothing but their home
node.
Digital Currency Group plans to invest up
to $250 million in Grayscale Bitcoin Trust
Crypto venture capital giant Digital Currency Group (DCG) has announced its plan to
invest up to $250 million in Grayscale Bitcoin Trust (GBTC).
The planned investment means DCG could end up getting indirect exposure to bitcoin
worth $250 million. DCG intends to purchase GBTC shares on the open market.
Digital Currency Group files for its
first in-house lobbying
registration
The Digital Currency Group, one of the blockchain ecosystem's most dominant venture
capital firms, is looking to get into lobbying, according to a recent lobbying
registration form submitted to the House of Representatives and Senate.
According to the registration, Julie Stitzel, the firm's VP of public policy, has registered
to lobby on behalf of DCG in what will be the firm's first direct involvement in the field of
lobbying.
This is a major development for the crypto landscape as a whole, as the DCG is one of
the biggest players in the game with investments in some of the most prominent outfits
in crypto, including Coinbase, Grayscale Asset Management and Circle.
The new filling highlighted DCG's mission to "Support bitcoin & blockchain companies
by leveraging insights, network & access to capital." Plans for how much DCG intends
to spend on its lobbying efforts were not included in the registration, but the firm will
likely address that in its disclosures for the next quarter.
Crypto lobbying is on the rise
This move by DCG comes as the cryptocurrency lobby is seeing a tremendous amount
of growth. According to the Washington D.C.-based legislative news website Roll Call,
"Spending by the cryptocurrency lobby hit a record high last quarter, as members of
Congress from both parties and chambers proved willing to engage with the industry's
top priorities."
Digital Currency Group
Announces Plan to
Increase Purchase of
Shares of Grayscale
Bitcoin Trust
NEW YORK, October 20, 2021--(BUSINESS WIRE)--Digital
Currency Group, Inc. ("DCG"), the parent company of
Grayscale Investments, LLC, has authorized the purchase by
DCG of up to a total of $1 billion worth of shares of Grayscale
Bitcoin Trust (OTCQX: GBTC). This increases DCG’s prior
authorization to purchase up to $750 million worth of shares of
GBTC by $250 million. As of October 19, 2021, DCG has
purchased $388 million worth of shares of GBTC. DCG plans to
use cash on hand to fund the purchases and will make the
purchases on the open market, at management’s discretion, in
compliance with Rule 10b-18 under the Securities Exchange
Act of 1934 (the "Exchange Act").
The share purchase authorization does not obligate DCG to
acquire any specific number of shares in any period, and may
be expanded, extended, modified, or discontinued at any time.
The actual timing, amount and value of share purchases will
depend entirely upon a number of factors, including the levels of
cash available, price, and prevailing market conditions.
Information regarding stock purchases will be available in the
GBTC periodic reports filed with the Securities and Exchange
Commission on Forms 10-K and 10-Q as required by the
applicable rules of the Exchange Act.
About Digital Currency Group
Founded in 2015 by CEO Barry Silbert, DCG is the most active
investor in the blockchain sector, with a mission to accelerate
the development of a better financial system through the
proliferation of digital assets and blockchain technology. Today,
DCG sits at the epicenter of the industry, backing more than
175 blockchain-related companies in over 35 countries. DCG
also invests directly in digital currencies and other digital assets.
In addition to its investment portfolio, DCG is the parent
company of Genesis (a global digital asset prime
brokerage), Grayscale Investments (the largest digital currency
asset manager), CoinDesk (a leading financial media, data, and
information company), Foundry (a leader in bitcoin mining and
staking), Luno (a leading cryptocurrency platform with a large
international footprint) and TradeBlock (a leading provider of
tools and data for institutional cryptocurrency traders).

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crypto optimization

  • 1. Digital Currency Group Digital Currency Group (DCG) is a venture capital company focusing on the digital currency market. It is located in Stamford, Connecticut.[2] The company has five subsidiaries which are CoinDesk, Foundry, Genesis, Grayscale Investments, and Luno. Digital Currency Group (DCG) is a U.S.-based conglomerate of 7 cryptocurrency-focused companies, including:  Genesis – the world’s largest digital asset servicing institutional investors  Grayscale – the world’s largest digital asset manager  Coindesk – online publisher and platform for crypto media, news, events, and data  Foundry – operates the 2nd largest bitcoin mining pool in the world, offers a marketplace for buying and selling mining equipment in bulk, and provides logistical, financial, and educational support to crypto mining businesses  Luno – a crypto exchange and platform offering news, analysis, and education  TradeBlock – provides institutional tools and analytics  HQ – digital currency job board About Digital Currency Group Digital Currency Group builds, incubates and seeds bitcoin and blockchain technology- related companies. DCG owns and operates the industry's leading bitcoin brokerage firm, Genesis Trading, and the largest digital currency asset management firm, Grayscale
  • 2. Investments, which manages the first publicly traded bitcoin investment vehicle, the Bitcoin Investment Trust (symbol: GBTC). Grayscale-parent Digital Currency Group tops $10 billion valuation with SoftBank, Alphabet investments  Digital Currency Group is selling shares in a deal that values the crypto conglomerate at $10 billion.  SoftBank led the round, with participation from Alphabet’s CapitalG and Ribbit Capital as those firms look for exposure to the digital asset class outside of bitcoin.  Digital Currency Group is the parent company of several big names in the crypto space. Until now, its valuation was somewhat of a mystery as it had only raised $25 million in primary capital since launching. Digital Currency Group is selling shares to SoftBank and Alphabet’s venture capital arm in a deal that values the crypto conglomerate at more than $10 billion. Digital Currency Group Inc., a cryptocurrency conglomerate that counts the asset-management firm Grayscale and media company CoinDesk among its holdings, raised $700 million in an investment round, the second-largest in the crypto sector. Who is Digital Currency Group?
  • 3. In the BTC economy, most things thrive on memes about decentralization, opposition to central banking, criticisms of fiat currency and a notion of self sovereignty. Small blockers pride themselves on independence from the mainstream and reliance on nothing but their home node. Digital Currency Group plans to invest up to $250 million in Grayscale Bitcoin Trust Crypto venture capital giant Digital Currency Group (DCG) has announced its plan to invest up to $250 million in Grayscale Bitcoin Trust (GBTC). The planned investment means DCG could end up getting indirect exposure to bitcoin worth $250 million. DCG intends to purchase GBTC shares on the open market. Digital Currency Group files for its first in-house lobbying registration The Digital Currency Group, one of the blockchain ecosystem's most dominant venture capital firms, is looking to get into lobbying, according to a recent lobbying registration form submitted to the House of Representatives and Senate. According to the registration, Julie Stitzel, the firm's VP of public policy, has registered to lobby on behalf of DCG in what will be the firm's first direct involvement in the field of lobbying. This is a major development for the crypto landscape as a whole, as the DCG is one of the biggest players in the game with investments in some of the most prominent outfits in crypto, including Coinbase, Grayscale Asset Management and Circle. The new filling highlighted DCG's mission to "Support bitcoin & blockchain companies by leveraging insights, network & access to capital." Plans for how much DCG intends to spend on its lobbying efforts were not included in the registration, but the firm will likely address that in its disclosures for the next quarter. Crypto lobbying is on the rise
  • 4. This move by DCG comes as the cryptocurrency lobby is seeing a tremendous amount of growth. According to the Washington D.C.-based legislative news website Roll Call, "Spending by the cryptocurrency lobby hit a record high last quarter, as members of Congress from both parties and chambers proved willing to engage with the industry's top priorities." Digital Currency Group Announces Plan to Increase Purchase of Shares of Grayscale Bitcoin Trust NEW YORK, October 20, 2021--(BUSINESS WIRE)--Digital Currency Group, Inc. ("DCG"), the parent company of Grayscale Investments, LLC, has authorized the purchase by DCG of up to a total of $1 billion worth of shares of Grayscale Bitcoin Trust (OTCQX: GBTC). This increases DCG’s prior authorization to purchase up to $750 million worth of shares of GBTC by $250 million. As of October 19, 2021, DCG has purchased $388 million worth of shares of GBTC. DCG plans to use cash on hand to fund the purchases and will make the purchases on the open market, at management’s discretion, in compliance with Rule 10b-18 under the Securities Exchange Act of 1934 (the "Exchange Act"). The share purchase authorization does not obligate DCG to acquire any specific number of shares in any period, and may be expanded, extended, modified, or discontinued at any time. The actual timing, amount and value of share purchases will depend entirely upon a number of factors, including the levels of
  • 5. cash available, price, and prevailing market conditions. Information regarding stock purchases will be available in the GBTC periodic reports filed with the Securities and Exchange Commission on Forms 10-K and 10-Q as required by the applicable rules of the Exchange Act. About Digital Currency Group Founded in 2015 by CEO Barry Silbert, DCG is the most active investor in the blockchain sector, with a mission to accelerate the development of a better financial system through the proliferation of digital assets and blockchain technology. Today, DCG sits at the epicenter of the industry, backing more than 175 blockchain-related companies in over 35 countries. DCG also invests directly in digital currencies and other digital assets. In addition to its investment portfolio, DCG is the parent company of Genesis (a global digital asset prime brokerage), Grayscale Investments (the largest digital currency asset manager), CoinDesk (a leading financial media, data, and information company), Foundry (a leader in bitcoin mining and staking), Luno (a leading cryptocurrency platform with a large international footprint) and TradeBlock (a leading provider of tools and data for institutional cryptocurrency traders).