Digital Currency Group announces new investors including Western Union

Digital Currency Group announces new investors including Western Union

Investing | May 2, 2016 By:

Digital Currency Group (DCG) announced a new group of investors, including Western Union.

DCG also welcomed HCM International Company, Gibraltar Ventures, OMERS Ventures, Horizon Kinetics, Kingsbridge Wealth Management, and Wood Investment Partners among its new investors.

“Over the past six months, we have worked with our investors and other corporate partners to create new models for partnership that create value and opportunity for our portfolio companies, our investors, and the broader corporate ecosystem. Our aim is to help companies learn together and build partnerships that leverage the unique strengths and insights of each stakeholder,” said DGC founder & CEO Barry Silbert.

DCG also added Glenn Hutchins and Lawrence Lenihan to its Board. Glenn Hutchins is the Chairman of North Island and is also a director of AT&T and Nasdaq Inc.

Digital Currency Group is an investment firm focusing on the bitcoin/blockchain technology space.