Digital Currency Group

company

About

Digital Currency Group builds and supports bitcoin and blockchain companies by leveraging insights, network, and access to capital.

Details

Last Funding Type
Funding Round
Industries
Bitcoin,Blockchain,Financial Services,FinTech,Venture Capital
Founded date
Jan 1, 2011
Number Of Employee
1 - 10
Operating Status
Active
Investor Type
Venture Capital
Sub-Organizations
Foundry Digital

Digital Currency Group builds and supports bitcoin and blockchain companies by leveraging insights, network, and access to capital. Based in Stamford, Connecticut, DCG has been an active seed investor in the digital currency industry with 150+ investments in over 30 countries.

In addition, DCG owns and operates CoinDesk, the top media and events platform in the blockchain space, Genesis Trading, the industry's leading bitcoin brokerage firm, and Grayscale Investments, the largest digital currency asset management firm.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$600M
Digital Currency Group has raised a total of $600M in funding over 2 rounds. Their latest funding was raised on Nov 18, 2021 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 18, 2021 Debt Financing $600M 4 Eldridge Detail
Apr 28, 2016 Series Unknown 4 OMERS Ventures Detail
Oct 27, 2015 Seed 13 Bain Capital Ventures
Mastercard
Detail
Sep 13, 2011 Funding Round 1 Detail

Investments

Number of Investments
Number of Lead Investments
230
27
Digital Currency Group has made 230 investments. Their most recent investment was on Dec 1, 2022, when Fleek raised $25M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 1, 2022 Fleek
Series A $25M Apps
Nov 17, 2022 React Network
Seed $4.20M Blockchain
Nov 8, 2022 Fordefi
Seed $18M Blockchain
Oct 18, 2022 Volare Finance
Seed Blockchain
Oct 10, 2022 Arch
Seed $5M Cryptocurrency Yes

Investors

Number of Lead Investors
Number of Investors
4
22
Digital Currency Group is funded by 22 investors. Eldridge and OMERS Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Eldridge Yes Debt Financing
OMERS Ventures Yes Series Unknown
Bain Capital Ventures Yes Seed
Mastercard Yes Seed
Capital Group Debt Financing
Davidson Kempner Debt Financing
Francisco Partners Debt Financing
HCM Capital Series Unknown
Prudential Financial Series Unknown
Western Union Series Unknown

Employee Profiles

Number of Employee Profiles
13
Digital Currency Group has 13 current employee profiles, including Advisor Matt Harris
Advisor
Board member
Board member
Board observer
Executive

Exits

Digital Currency Group has had 35 exits. Digital Currency Group most notable exits include Cobalt ,   Stratumn

Date Company Name Exit Type Industry
Dec 15, 2022 Cobalt M&A Finance Detail
Mar 21, 2022 Stratumn M&A Cloud Data Services Detail
Mar 9, 2022 Gem M&A Cryptocurrency Detail
Jan 20, 2022 Cognito M&A Fraud Detection Detail
Jan 19, 2022 Omniex M&A Blockchain Detail

Acquisition

Digital Currency Group has acquired 2 organizations. Their most recent acquisition was CoinDesk on Jan 13, 2016. They acquired CoinDesk for $500K.

Date Company Name
Industry Acquisition Type Price
Jan 13, 2016 CoinDesk
Bitcoin acquisition $ 500K Detail
Sep 9, 2020 Luno
Cryptocurrency acquisition Detail