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Title: [2015-10-28] SecondMarket founder launches bitcoin conglomerate Post by: LiteCoinGuy on October 28, 2015, 03:46:44 PM SecondMarket founder launches bitcoin conglomerate
Barry Silbert last week sold SecondMarket, his popular trading exchange for private company stock, to Nasdaq NDAQ for an undisclosed amount. Now he’s lined up a group of big-name backers to support the launch of a new conglomerate devoted entirely to bitcoin and other blockchain technologies. It’s called Digital Currency Group, and will include a pair of businesses that were originally formed at SecondMarket, but were not part of the sale to Nasdaq. They include Genesis Global Trading, an over-the-counter bitcoin trading firm; and Grayscale Investments, a digital currency asset management firm that manages the Bitcoin Investment Trust, a publicly-listed vehicle that raised over $60 million. http://fortune.com/2015/10/27/secondmarket-bitcoin-dcg/ |