Factbox: Many companies in the digital currency group’s crypto empire

Jan 12 (Reuters) – U.S. cryptocurrency company Digital Currency Group (DCG) is at the center of the industry’s latest downturn after one of its companies, Genesis, stopped trading clients in November. While Genesis says it is working to avoid bankruptcy, investors fear its collapse could destroy other related companies and projects. Here’s what we know … Read more

How GBTC’s premium business ruined his DCG empire Barry Silbert and took crypto lending platforms with them.

Introduction to the digital currency group The Digital Currency Group was founded by Barry Silbert in 2011. Digital Currency Portfolio: (Source: DCG) However, the most important company in DCG’s portfolio is Greyscale Investments, the world’s largest bitcoin owner, aside from Satoshi Nakomoto. Largest Bitcoin Holders: (Source: River Financial) GBTC holds the equivalent of 633K BTC, … Read more