Digital Currency Group Inc

The epicenter of the bitcoin and blockchain industry – Digital Currency Group’s mission is to accelerate the development of a better financial system. DCG builds and supports bitcoin and blockchain companies by leveraging insights, network, and access to capital.

7 Nov 2024 Craftt Closed $2M Seed to Offer Universal Benefits with Future of Work Decentralized Platform

Team

Current employees

	Barry Silbert	Chief Executive Officer founder
	Mark Shifke	Chief Financial Officer

Funding

Funding rounds

N/A

Investor		Profile	Country	Notes
	Ribbit Capital	Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services.	United States	Initial investment. Round participant.

N/A

Investor		Profile	Country	Notes
	Bain Capital Crypto		United Kingdom	Initial investment. Round participant.

N/A

Investor		Profile	Country	Notes
	CME Ventures LLC	The venture capital arm of the CME Group.	United States	Initial investment. Round participant.

Debt USD 575,000,000

USD 575,000,000

Investor		Profile	Country	Notes
	Genesis Global Capital LLC			USD 575,000,000 (USD 575,000,000). Initial investment. Round participant.

Cap Table

Current and past shareholders

Investor		Round
	Bain Capital Crypto	N/A
	CME Ventures LLC The venture capital arm of the CME Group.	N/A (exited)
	Genesis Global Capital LLC	Debt
	Ribbit Capital Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services.	N/A

Investments

Investment preferences

Investment criteria

As a strategic investor, DCG works with exceptional teams who are building the foundation of the international bitcoin and blockchain technology ecosystem – whether they are focused on currency exchange, payments, asset digitization, identity management, or new use cases for the decentralized internet of value blockchain technology enables.

Control requirement

No control requirement

Investment focus themes

blockchain

Stake requirement comment

Target ownership in companies is between 2 and 5 percent.

Target maximum equity stake

5 %

Target minimum equity stake

2 $

Selected investments

	Country	Date	Notes
Craftt Pte Ltd Decentralized workforce benefits platform.	Singapore	7 Nov 2024	Seed Initial investment. Round participant. Active
Andalusia Labs Ltd Digital asset risk infrastructure startup.	United Arab Emirates	14 Dec 2023	Series A Follow-on investment. Round participant. Active
Fleek LLC Web3 developer platform.	United States	1 Dec 2022	Series A Initial investment. Round participant. Active
BCB Group Holdings Ltd Provider of business accounts and trading services for the digital asset economy.	United Kingdom	24 Jan 2022	Series A Initial investment. Round participant. Active
Hubble		3 Jan 2022	N/A Initial investment. Round participant. Active
BBS Network Public network of interconnected message boards.		6 Dec 2021	Private Round Initial investment. Round participant. Active
SubQuery Network Data-as-a-service provider that aggregates and organises data from Polkadot and Substrate projects.		8 Sep 2021	Series A Initial investment. Led the investment round. Active
Octopus Network Multi-chain network that provides leased security and interoperability to Substrate appchains.		16 Aug 2021	N/A Initial investment. Round participant. Active
Visor Finance Tooling for active liquidity management on concentrated liquidity AMM's such as Uniswap v3.		19 Jul 2021	N/A Initial investment. Round participant. Active
Zerion The easiest way to build and manage your entire DeFi portfolio from one place.		7 Jul 2021	Series A Initial investment. Round participant. Active
Circle Internet Financial Inc Consumer finance company focused on transforming the world economy with secure, simple, and less costly technology for storing and using bitcoin.	United States	28 May 2021	N/A Initial investment. Round participant. Active
Wilder World Decentralized artist DAO and liquid NFT marketplace.		10 May 2021	Private Round Initial investment. Round participant. Active
Lido DAO		5 May 2021	Private Round Initial investment. Round participant. Active
Schvey Inc Developer of blockchain technology for capital markets.	United States	14 Aug 2018	Series B Initial investment. Round participant. Active
Carbon-12 Labs Inc		12 Apr 2018	Seed Active
Coinlist Token listing platform and a crypto exchange.	United States	5 Apr 2018	Series A Initial investment. Round participant. Active
Chainalysis Inc Cryptocurrency investigation and compliance solutions for global law enforcement agencies, regulators and businesses.	United States	5 Apr 2018	Series A Active
Intangible Labs		3 Apr 2018	Initial Coin Offering Initial investment. Round participant. Active
Hedera Hashgraph LLC	United States	13 Mar 2018	N/A Active
Ledger SAS Maker of hardware cryptocurrency wallets.	France	18 Jan 2018	N/A Active

Analytics