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Acala was victorious in Polkadot’s first parachain auction, Iota announced its staking network, and Uniswap liquidity providers lose money — all coming to you in this week’s Finance Redefined. Go to Source Powered by WPeMatico
Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via … Read more
Digital Currency Group CEO and founder Barry Silbert didn’t sell any stock in the latest round. Go to Source Powered by WPeMatico
The new allocation extends DCG’s purchase authorization for the Grayscale Bitcoin Trust by $250 million. Go to Source Powered by WPeMatico
On Monday, the blockchain intelligence firm Elliptic announced the company has raised $60 million in a Series C financing round. Elliptic plans to leverage the capital to expand the team and “accelerate” blockchain research and development (R&D). Elliptic Raises $60 Million to Bolster Expansion There’s been a number of capital investments and finance injections directed … Read more
Greenidge Generation Holdings Inc., the mining firm based in Upstate New York, has announced the company has partnered with the Digital Currency Group mining and staking subsidiary Foundry Digital LLC. Furthermore, Greenidge revealed that it has purchased 2,300 Microbt-manufactured Whatsminer M30S mining rigs and also secured financing for 6,000 Bitmain-made Antminer S19 devices. Greenidge Partners … Read more
The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company, and FTX. Circle Reveals $440 Million in Financing Circle Internet Financial, Inc. has revealed … Read more
Streami, the company behind the popular GOPAX exchange, has received direct funding from Digital Currency Group. Go to Source Powered by WPeMatico
Digital Currency Group has purchased a total of $194 million worth of GBTC shares so far. Go to Source Powered by WPeMatico
Digital Currency Group and Coinbase have made Time Magazine’s 2021 top 100 most influential companies list. Go to Source Powered by WPeMatico
