Today news
About the same in other media
Digital Currency Group sells $700M of shares for investors to take profits
Reading now: 228
Digital Currency Group (DCG), one of the largest companies in the cryptocurrency industry, has completed a major secondary investment round led by Japanese financial giant SoftBank.
DCG has sold $700 million worth of shares to companies like Google’s parent company, Alphabet, to bring its valuation to more than $10 billion, the company officially announced Monday.
“Proud to welcome SoftBank, CapitalG, Ribbit, GIC, Tribe and Emory to an already fantastic list of DCG shareholders. And even more proud of over 1,000 employees of DCG and our wholly-owned subsidiaries that made this happen,” DCG CEO and founder Barry Silbert said.
In a Wall Street Journal interview, Silbert emphasized that the investment wasn’t about raising capital for DCG but
Read more on cointelegraph.comAbout this in other media
Peru's central bank joins global push to develop a digital currency economictimes.indiatimes.com /2 years ago
Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors cointelegraph.com /2 years ago
Why central bank digital currencies are facing an identity crisis fnlondon.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
