DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

in hive-160342 •  3 years ago 

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Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via the sale.

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DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

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@josepha
Am agree