Digital Currency Group sees  billion valuation as SoftBank, Google invest

Digital Currency Group sees $10 billion valuation as SoftBank, Google invest

Barry Silbert, Founder and CEO, Digital Currency Group 

David A. Grogan | CNBC

Digital Currency Group is selling shares to SoftBank and Google’s venture capital arm in a deal that values the crypto conglomerate at more than $10 billion. 

The Manhattan-based, private company announced a secondary round on Monday, in which existing investors are selling shares to new backers. The $700 million deal was led by SoftBank and included Google’s Capital G and Ribbit Capital, among others. 

Digital…


Source link

About search

Check Also

California bill advances that would make Google, Facebook pay news companies whose stories appear on their platforms – The Mercury News

You can't escape it now — Gemini is officially part of Gmail, Google Drive, Docs, Sheets, and Slides – TechRadar

[unable to retrieve full-text content]You can’t escape it now — Gemini is officially part of …

Leave a Reply

Your email address will not be published. Required fields are marked *