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Title: [2015-10-28] Digital Currency Group attracts funding from 11 prominent investors Post by: milaliss on October 28, 2015, 07:31:04 PM Digital Currency Group attracts funding from 11 prominent investors
MasterCard, Bain Capital Ventures, Canadian Imperial Bank of Commerce and 8 more companies invest into DCG founded by Barry Silbert, who has just sold his SecondMarket to Nasdaq. http://www.coinfox.info/news/3507-digital-currency-group-attracts-funding-from-11-prominent-investors Title: Re: [2015-10-28] Digital Currency Group attracts funding from 11 prominent investors Post by: Bit_Happy on October 29, 2015, 04:18:50 AM "Interestingly, while DCG will be structured as a company and not a fund, they will still make investments in Bitcoin startups. Silbert explained “being structured as a company, versus a fund, allows us to evolve with the industry given our permanent capital base and flexible mandate”.
In addition to these investments, the company will also operate wholly-owned subsidiaries Genesis Global Trading, a bitcoin OTC trading firm, and..." In around 2011, this news would have been, exciting and unbelievable, so... Why does it now sound like we are being digested by the system? Title: Re: [2015-10-28] Digital Currency Group attracts funding from 11 prominent investors Post by: Denker on October 29, 2015, 01:59:18 PM "Interestingly, while DCG will be structured as a company and not a fund, they will still make investments in Bitcoin startups. Silbert explained “being structured as a company, versus a fund, allows us to evolve with the industry given our permanent capital base and flexible mandate”. In addition to these investments, the company will also operate wholly-owned subsidiaries Genesis Global Trading, a bitcoin OTC trading firm, and..." In around 2011, this news would have been, exciting and unbelievable, so... Why does it now sound like we are being digested by the system? If you would have told me that even 2 years ago I would have said you're crazy or on drugs. Yes this are great news. But also I'm not sure what to expect seeing Master Card and Bain Capital (Ben Lawsky ?) as one the investors. I wanna see Bitcoin disrupt and not cooperate. |