barry silbert

MasterCard Invests In Silbert’s Digital Currency Group

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MasterCard is backing Barry Silbert’s newest initiative, Digital Currency Group, his first since selling SecondMarket to Nasdaq last week. Many believe this marks a major development in the Bitcoin space as the digital currency flirts with the $300 level.  Silbert has gained the support of big-time backers for the new conglomerate focused exclusively on Bitcoin and other block chain technologies. The new company, Digital Currency Group (DCG), will include Silbert’s over-the-counter Bitcoin trading firm, Genesis Global Trading, as well as Grayscale Investments, a digital currency asset management firm. Digital Currency Group will be home to 57 seed-stage investments already made […]

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BitX Has Been Awarded $4 million in Series A Funding

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BitX is delighted to report their $4M Series A funding round led by the Naspers Group, through PayU (Naspers Group’s payment subsidiary). Also in participation at the round, was their long term investor, Barry Silbert’s Digital Currency Group. Major growths and engagements have been experienced across the markets BitX operate in over the past 12 months, and as a result, their platform is now available to more than half a billion consumers – cut across strategic markets in Africa and Southeast Asia. As a result, BitX now has the biggest market footprint of any cryptocurrency company in the world. In line with […]

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Wall Street Shows $60 Million Interest In Bitcoin

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As previously reported, the Bitcoin Investment Trust recently became the first publicly invested hedge fund which is specifically and exclusively working with Bitcoin, tying its own value to the market price of Bitcoin. Having initially begun publicly trading last week, the Trust which services individuals making over $200,000 per year or having assets greater than […]

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