digital currency group

Regulated Digital Assets Exchange Bullish Acquires Media Company CoinDesk
Regulated Digital Assets Exchange Bullish Acquires Media Company CoinDesk
November 20, 2023  |  Acquisitions

Bullish, a regulated digital assets exchange, has acquired CoinDesk, a media, events and data company serving the global cryptocurrency economy. The move aims to accelerate...

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Genesis Global Trading to End Over-the-Counter Crypto Trading in US
Genesis Global Trading to End Over-the-Counter Crypto Trading in US
September 05, 2023  |  Cryptocurrency

Genesis Global Trading, a U.S.-focused spot crypto trading business, will shut down its over-the-counter trading platform on Sept. 18. In an email sent to clients,...

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Report: CoinDesk to Change Hands in $125 Million Deal
Report: CoinDesk to Change Hands in $125 Million Deal
July 20, 2023  |  Cryptocurrency

A syndicate of investors is reportedly poised to take control of cryptocurrency-focused media company CoinDesk. The investor group is led by Matthew Roszak of Tally Capital, a private investment...

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DCG Seeks Bankers for Portfolio Firms Among Major Lenders
DCG Seeks Bankers for Portfolio Firms Among Major Lenders
March 14, 2023  |  Banking

Digital Currency Group (DCG) is reportedly looking for new bankers for its portfolio companies following three high-profile bank failures. The cryptocurrency company has found through...

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Crypto Bank Silvergate Says Genesis Exposure ‘Minimal’
Crypto Bank Silvergate Says Genesis Exposure ‘Minimal’
January 22, 2023  |  Cryptocurrency

Crypto-centric bank Silvergate said its exposure to bankrupt lender Genesis has been limited. The bank made this announcement in an update Friday (Jan. 20), one...

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Barry Silbert’s DCG Crisis Over Who Owes What Complicated by Who Owns What
Barry Silbert’s DCG Crisis Over Who Owes What Complicated by Who Owns What
January 19, 2023  |  Cryptocurrency

It’s hard to tell who is faring worse, Barry Silbert, or his stable of companies. The one-time paper billionaire’s wealth has cratered to the mere...

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Genesis to Get $140M Equity Infusion from Parent Company
Genesis to Get $140M Equity Infusion from Parent Company
November 11, 2022  |  Cryptocurrency

Cryptocurrency brokerage Genesis will reportedly get an equity infusion of $140 million from its parent company to strengthen its balance sheet after saying its derivatives...

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Today in Crypto: Crypto Nomads Move Back to Big Cities; Court OKs IRS Tax Probe of Dealer SFOX
Today in Crypto: Crypto Nomads Move Back to Big Cities; Court OKs IRS Tax Probe...
August 16, 2022  |  Cryptocurrency

As the pandemic wanes, Bloomberg reported that crypto nomads are returning to big cities like New York and London. Crypto workers have spent the last...

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Digital Currency Group Notches $10B Value 
Digital Currency Group Notches $10B Value 
November 01, 2021  |  Fintech Investments

Blockchain sector investor Digital Currency Group, the parent company of Grayscale Investments, LLC, is valued at more than $10 billion following a recent funding round,...

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