Crypto conglomerate Digital Currency Group captures a $10 billion valuation in a funding round led by SoftBank’s Vision Fund 2 and Latin America Fund
Digital Currency Group Inc., a cryptocurrency conglomerate that counts the asset-management firm Grayscale and media company CoinDesk among its holdings, raised $700 million in an investment round, the second-largest in the crypto sector.
The funding round valued the company at $10 billion and was led by SoftBank Group Corp.’s Vision Fund 2 and Latin America Fund, and included GIC Capital, Ribbit Capital and Alphabet Inc.’s CapitalG.
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