Barry silbert second market


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Barry silbert second market

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    • Digital Currency Group

    American venture capital company

    Digital Currency Group Inc. (DCG) is a venture capital company focusing on the digital currency market. It is located in Stamford, Connecticut.[2] The company has the subsidiaries Foundry, Genesis, Grayscale Investments, and Luno.

    It also formerly owned CoinDesk.

    History

    Founding and growth: 2015-2021

    Digital Currency Group was launched in 2015 by Barry Silbert, the former CEO of SecondMarket, Inc. He began investing in blockchain technology companies in 2013.[3] Shortly after SecondMarket’s sale, Silbert formed Digital Currency Group, with Genesis and Grayscale becoming the first of the company’s subsidiaries.[4]

    In November 2021, the firm relocated its Manhattan headquarters to Stamford, Connecticut.[5][6] The governor of Connecticut at the time, Ned Lamont, had provided financial incentives for the company to move to Stamford, including a $5 million grant if