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Digital Currency Group raises funding from Bain, CBIC and MasterCard

Wednesday 28 October 2015 13:18 CET | News

Digital Currency Group has raised funding from Bain Capital Ventures, MasterCard and Canadian bank CIBC.

The holding company (DCG) is currently building and supporting an early-stage investment portfolio in digital currencies and the blockchain, the underlying technology behind Bitcoin.

The other investors in DCG include a range of venture capital companies and family offices such as FirstMark Capital, Novel TMT, Oak HC/FT, RRE Ventures, Solon Mack Capital, and Transamerica Ventures.

DCG was formed this year with the merger of two SecondMarket Solutions companies: Genesis Global Trading, a Bitcoin over-the-counter trading firm, and Grayscale Investments, a digital currency asset management firm that manages the publicly-traded Bitcoin Investment Trust.


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Keywords: Bitcoin, online payments, digital payments, cryptocurrencies, Digital Currency Group, MasterCard, Bain, New York Life
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3






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