Digital Currency Group (DCG) is a venture capital firm from Connecticut (USA), founded in 2015 by Barry Silbert, mainly oriented on supporting bitcoin and blockchain-based companies and providing them with broad crypto networking, highly proficient investing, and access to smart capital.
DSG is a parent company of Grayscale, Genesis Trading, CoinDesk, Foundry Services, Luno Global and many more.
Throughout its history, the DCG has made more than 200 investments in startups from over 25 countries (through the ICO, Seed, Series A, and Series B rounds), across almost all facets of the Web3 ecosystem services.
Digital Currency Group Overview
Digital Currency Group - About
Digital Currency Group (DCG) is driven by a key mission to expedite the advancement of financial ecosystem to a more efficient one, by backing cryptocurrency startups throughout all the growth stages, across different segments of the blockchain and Web3 industries.
But in general, the fund's interest covers almost any side of blockchain industry including startups from DeFi space, L1s & L2s, Gaming, NFTs, Trading tools, Payments & Wallets, Metaverse, and Exchanges.
Thereby, the DCG group has significant stakes in the top-flight crypto companies, such as Coinbase, Circle, Blockchain, Ledger, BitPay, Acala, ShapeShift, Aurora, Arcana, Coinlist, Kraken, Ripple, NEAR, and many other vibrant members of this Web3 party .
It’s founded by Barry Silbert, who is a very influential figure in the crypto world and investor in more than 200 companies around the world, including CoinDesk, a Tier 1 crypto media outlet from the US.
Here is the current balance of interests in the portfolio.
Total number of investments: 242
- Blockchain Service: 37.6%
- CeFi: 21.3%
- DeFi: 15.4%
- Blockchain Infrastructure: 8.6%
- Social: 5.9%
- NFT: 4.5%
- GameFi: 3.6%
- Stablecoin: 2.3%
- Currency: 0.9%
Digital Currency Group - Industries
Digital Currency Group - Portfolio Performance
Digital Currency Group – Investment Rounds
| Project | Score | Round | Date | Round price | FDV | Status | Industry |
|---|---|---|---|---|---|---|---|
 SubQuery Network | 54 | Private | 08 Sep, 21 | $0.006 | $275M | Past | |
 Meson Network | 66 | Seed | 28 Jun, 21 | $0.35 | $175M | Past | |
 Masa Network | 74 | Seed | 24 Jan, 23 | $0.0356 | $125.52M | Past | |
 Karak Network | 80 | Private | 14 Dec, 23 | N/A | N/A | Past | |
 Zerion | 80 | Private | 07 Jul, 21 | N/A | N/A | Past |
Digital Currency Group – Portfolio
| Score | Project | Current Price | Chg (24h) | Retail ROI | Retail ATH ROI | Industry |
|---|---|---|---|---|---|---|
54 | SubQuery Network | $0.00000581 | 0.66% | 0.000484x | 7.12x | |
66 | Meson Network | $0.000398 | N/A | 0.000227x | 5.05x | |
74 | Masa Network | $0.000219 | N/A | 0.00278x | 10.17x | |
80 | Karak Network | N/A | N/A | N/A | N/A | |
80 | Zerion | N/A | N/A | N/A | N/A |
Digital Currency Group – Co-investors
| Fund | Score | Type | Project Support | Social Influence | Retail ROI | Co-investments | Total Investment |
|---|---|---|---|---|---|---|---|
 Coinbase Ventures | Very High | Exchange | High | High | 1.45x | 6 | 86 |
 Pantera Capital | Very High | Venture | Very High | Very High | 2.43x | 4 | 27 |
 The LAO | Medium | DAO | Medium | Medium | 0.329x | 4 | 11 |
 HashKey Capital | High | Venture | Very High | Very Low | 0.775x | 3 | 43 |
 SevenX Ventures | Medium | Venture | High | Very Low | 0.514x | 3 | 20 |
