Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Digital Currency Group

Founders Barry Silbert

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 316
Average round size
info
The average size of a deal this fund participated in
$17M
Portfolio companies 225
Rounds per year 24.31
Lead investments 20
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.28
Exits 25
Key employees 12
Stages of investment
Early Stage Venture
Late Stage Venture
Seed

Areas of investment

  • Blockchain
  • FinTech
  • Cryptocurrency
  • Financial Services
  • Bitcoin
Summary

Digital Currency Group appeared to be the VC, which was created in 2015. The fund was located in North America if to be more exact in United States. The main office of represented VC is situated in the New York.

The high activity for fund was in 2016. The higher amount of exits for fund were in 2019. The usual things for fund are deals in the range of 5 - 10 millions dollars. Considering the real fund results, this VC is 10 percentage points less often commits exit comparing to other organizations. This Digital Currency Group works on 23 percentage points less the average amount of lead investments comparing to the other organizations. The typical startup value when the investment from Digital Currency Group is 500 millions - 1 billion dollars. The fund is constantly included in 13-24 deals per year.

The typical case for the fund is to invest in rounds with 5-6 participants. Despite the Digital Currency Group, startups are often financed by Boost VC, Union Square Ventures, FundersClub. The meaningful sponsors for the fund in investment in the same round are SV Angel, RRE Ventures, Future Perfect Ventures. In the next rounds fund is usually obtained by Digital Finance Group, Union Square Ventures, Boost VC.

Besides, a startup needs to be aged 2-3 years to get the investment from the fund. Among the most popular fund investment industries, there are Finance, Cryptocurrency. The fund has no specific favorite in a number of founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the various public portfolio startups of the fund, we may underline Coinbase, Kraken Bitcoin Exchange, Circle Internet Financial

The current fund was established by Barry Silbert. We also calculated 8 valuable employees in our database.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Digital Currency Group:
Typical Co-investors
Digital Currency Group is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Digital Currency Group:

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Regfyl

Compliance
Fraud Detection
Software
$1M17 Sep 2024 Lagos, Lagos, Nigeria

aviva

Banking
Credit
Credit Cards
Financial Services
FinTech
$5M02 Aug 2024 Mexico City, Distrito Federal, Mexico

Caliza

$8M15 Jul 2024 -

Coinflow Labs

Payments
$2M28 May 2024 Chicago, Illinois, United States

Karak

$48M30 Apr 2024 -

dvts.network

$10M29 Apr 2024 -

Tensorplex Labs

$3M21 Mar 2024 -

Zone

$8M18 Mar 2024 Lekki, Lagos, Nigeria

beoble

Blockchain
Cryptocurrency
Developer APIs
Information Technology
Social Network
Software
$7M19 Feb 2024 Singapore, Central Region, Singapore
News
Ondo Finance Raises $4M in Funding

– Ondo Finance is a New York-based deFi protocol startup.
– The company has raised $4m in funding.
– The round was led by Pantera Capital with participation from Genesis, Digital Currency Group, CMS, CoinFund, Chapter One, Bixin, Divergence, Protoscale Capital, The LAO, Stani Kulechov, Josh Hannah, Richard Ma, Diogo Monica, and Christy Choi.
– The funds will be used to accelerate the adoption of DeFi among mainstream investors by enabling the granular exchange of risk.

Alternative investing hub Vincent closes $6 million raise

– Vincent, an alternative asset aggregation hub, raised $6m in Series A funding.
– The round was led by LAUNCH with additional investment from 8VC and Digital Currency Group, among others.
– The platform has 75 partner platforms integrated with the site.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Digital Currency Group?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 316
Average round size 17M
Rounds per year 24.31
Peak activity year 2021
Lead investments 20
Follow on index 0.28
Exits 25
Group Appearance index 0.87

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Regfyl

Compliance
Fraud Detection
Software
$1M17 Sep 2024 Lagos, Lagos, Nigeria

aviva

Banking
Credit
Credit Cards
Financial Services
FinTech
$5M02 Aug 2024 Mexico City, Distrito Federal, Mexico

Caliza

$8M15 Jul 2024 -

Coinflow Labs

Payments
$2M28 May 2024 Chicago, Illinois, United States

Karak

$48M30 Apr 2024 -

dvts.network

$10M29 Apr 2024 -

Tensorplex Labs

$3M21 Mar 2024 -

Zone

$8M18 Mar 2024 Lekki, Lagos, Nigeria

beoble

Blockchain
Cryptocurrency
Developer APIs
Information Technology
Social Network
Software
$7M19 Feb 2024 Singapore, Central Region, Singapore
Crunchbase icon

Content report

The following text will be sent to our editors: