Filings: Digital Currency Group begins selling shares in investment vehicles run by its subsidiary Grayscale at a steep discount, seeking to repay creditors
Digital assets conglomerate sells down holdings in prized investments at a discount to pay creditors
Dutch crypto exchange Bitvavo says the company can't access €280M at Digital Currency Group; a DCG spokesperson says Bitvavo works with Genesis Capital, not DCG
RT Watson / The Block :
Dutch crypto exchange Bitvavo, which uses DCG for its staking service, says it can't access ~$297M held at DCG and that DCG is “experiencing liquidity problems”
Dutch cryptocurrency exchange Bitvavo said it can't access 280 million euros ($297 million) on Digital Currency Group …
Sources: Winklevoss twins' Gemini crypto exchange is trying to recover $900M owed to it by Genesis Global and Genesis' parent company Digital Currency Group
New York-based Gemini is trying to recover funds after FTX failure plunged market into turmoil — Digital asset trading group Genesis …
Sources: Winklevoss twins' Gemini crypto exchange is trying to recover $900M owed to it by Genesis Global and Genesis' parent company Digital Currency Group
New York-based Gemini is trying to recover funds after FTX failure plunged market into turmoil — Digital asset trading group Genesis …
Digital Currency Group raises $600M in a new credit facility led by Eldridge, two weeks after raising $700M in a secondary stock sale at a $10B+ valuation
Aoyon Ashraf / CoinDesk :
Digital Currency Group raises $700M at a $10B+ valuation led by SoftBank's Vision Fund 2 and Latin America Fund, with CapitalG and others participating
Paul Vigna / Wall Street Journal :
Digital Currency Group raises $700M at a $10B+ valuation led by SoftBank's Vision Fund 2 and Latin America Fund, with CapitalG and others participating
The Grayscale and CoinDesk owner sells $700 million of shares at a $10 billion valuation, in a funding round led by two SoftBank funds
Digital Currency Group to invest $100M in its subsidiary Foundry, which was quietly formed in 2019 to mine bitcoin and other cryptocurrencies in N. America
Jeff John Roberts / Fortune :