Digital Currency Group
a.k.a. DCG
A US crypto investment company founded by Barry Silbert and the parent of Grayscale.
Digital Currency Group (DCG) was founded in 2015 by Barry Silbert as a holding company for crypto businesses. Its best-known child is Grayscale, the firm behind the Grayscale Bitcoin Trust. It also owned the crypto lender Genesis and backed many other startups.
When the market crashed in 2022, Genesis was caught out by loans to collapsed firms, froze customer withdrawals and filed for bankruptcy in early 2023. That dragged DCG into lawsuits and a long fight with creditors, including customers of Gemini's lending product that had relied on Genesis.
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