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. 

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